The most striking thing about Argentina’s Q2 GDP data is that the upward bias to growth, which has been evident in the official figures since mid-2007, seems to have eased. Even so, there are no signs of a more credible turn in the official inflation statistics. The most likely explanation is that this is part of a tactical ploy to avoid a coupon payment on GDP warrants.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services