From the Rio Times via MENAFN, July 7:
Argentina's economy grew 7.6% in the second quarter of 2025, official data shows. This is the country's best performance in years, coming after a long crisis marked by high inflation and shrinking incomes.
The main drivers of this growth are a strong rebound in commerce and construction, both of which have responded quickly to new government policies. President Javier Milei's government took office in late 2023 and made big changes.
The administration cut government spending, ended the central bank 's money printing, and removed many rules that made business difficult. These steps helped restore confidence among investors and business owners.
Official figures show private investment jumped 22.7% this year, and construction activity is up sharply. Inflation, which was over 200% in 2023, has dropped fast. By May 2025, monthly inflation fell to 1.5%.
The peso has stabilized, and price rises are now more predictable, making it easier for businesses and families to plan. Trade numbers also show improvement. In May, Argentina had a trade surplus of $608 million, with exports at $7.1 billion and imports at $6.5 billion....
....MUCH MORE
Also at La Derecha Diario:
Econométrica projects a 7.6% year-on-year growth in the second quarter
Related at the Guardian, November 8 2023:
Economists warn electing far-right Milei would spell ‘devastation’ for Argentina
More than 100 economists including Thomas Piketty and Jayati Ghosh publish open letter ahead of country’s 19 November election
