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Although it grew 2.9% in January, economic activity slows down

2023-03-29T19:37:16.699Z


Fishing, mining, and hotels and restaurants were the items that expanded the most. In January 2023, the Monthly Estimator of Economic Activity (EMAE) grew 2.9% in the year-on-year comparison, while it expanded 0.3% compared to December in the seasonally adjusted measurement, as reported by INDEC this afternoon. In this way, the gross domestic product confirms its slowdown since it had closed last year with growth of 5.2%. For this year, the projections of private analysts point


In January 2023,

the Monthly Estimator of Economic Activity (EMAE) grew 2.9% in the year-on-year comparison,

while it expanded 0.3% compared to December in the seasonally adjusted measurement, as reported by INDEC this afternoon.

In this way,

the gross domestic product confirms its slowdown

since it had closed last year with growth of 5.2%. For this year, the projections of private analysts point to a drop in activity of between 1 and 5%. , despite the fact that the Government insists that there will be a growth of 2%,

In relation to the same month of 2022,

14 of the activity sectors that make up the EMAE registered increases in January

, among which Fishing (+81.2%), Mining and quarrying (+11.5%) stand out ) and Hotels and restaurants (+8.6%).

However, the Manufacturing industry sector (+7.1%) was the one with the greatest positive incidence in the interannual variation of the EMAE, followed by Wholesale, retail and repair trade (+5.2%).

For its part, the impact of the drought was felt in January.

The Agriculture, livestock, hunting and forestry sector was the only one that registered a drop in the interannual comparison, with a loss of 15.5% interannual.

This item

subtracted 0.7 percentage points from the interannual variation of the EMAE.

News in development


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Source: clarin

All business articles on 2023-03-29

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