Argentina Economy Grows Less Than Expected as Imports Surge
Argentina's economy grew less than expected in the first quarter of 2025 as a pickup in imports along with declines in exports and government spending tempered the South American nation's recovery.
Gross domestic product expanded 0.8% in first three months of the year compared with the previous quarter, far short of the 1.5% median estimate from analysts in a Bloomberg survey. From a year ago, Argentina's economy grew 5.8% in the period from January to March, according to government data published Monday. The median estimate of economists surveyed by Bloomberg was growth of 6.1%.
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