1/ Somber economic data today. #Argentina's economy contracted by 2.6 pct in 2018 with economic performance in Dec. down by 7 pct YoY. Though, EMAE data shows the economy grew by 0.7 pct MoM in Dec, signalling that the economic may have reached a bottom.
https://www.ambito.com/confirmado-la-economia-cayo-26-2018-n5018291 …
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2/ Another set of negative economic figures re: employment and salaries. Total job losses in '18 reached 191,300, with total employment receding to levels seen in May '17. Real salaries declined by 9.3 pct, the largest decline since the 2001 crisis. https://www.cronista.com/economiapolitica/En-2018-se-perdieron-191.300-empleos-y-el-salario-real-cayo-10-20190227-0047.html …
1:58 PM - 27 Feb 2019
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