Argentina sees signs of economic recovery

The National Institute of Statistics and Census (Indec) reported that the national industry experienced year-on-year growth of 19.1 % and an advance of 10.5 % compared to last May, and construction activity registered last June an increase of 28.6% compared to the same month of 2020.

RIO DE JANEIRO, BRAZIL - Argentina's Minister of Economy, Martin Guzman, said Thursday that there are signs of "recovery" in its economy after the South American country recorded year-on-year increases in industrial activity and construction.

"The Argentine economy is recovering in a solid and heterogeneous way; it is a problem that requires the action of public policies to contain the sectors that do not yet see the consequences of the recovery," said Guzmán during a working table in the province of San Juan (east).

Read also: Subscribe to our Premium Membership Plan. Already Subscribed?