December 1, 2020

The Week at a Glance

Argentina: Recalculating – GDP Would Fall Less Than 11% in 2020

BY Miguel A. Kiguel, Alejandro Giacoia, Andrés Borenstein, Lorena Giorgio, Rafael Aguilar, Isaías Marini

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( 5 mins) Economic activity grew 13.2% q/q in the third quarter, a better recovery than expected. September’s numbers were in line with our forecast, but INDEC made a significant backward revision of the pandemic months, worsening Q2 and improving Q3. We do not expect September’s 1.9% monthly rise to continue in Q4. For October, our model estimates […]

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More by Miguel A. Kiguel, Alejandro Giacoia, Andrés Borenstein, Lorena Giorgio, Rafael Aguilar, Isaías Marini