El INDEC informó que la actividad económica se contrajo un 1,8% durante el primer año de Milei – 4SEMANAS.COM

Argentina’s economy contracted by 1.8% year-on-year in 2024, despite the intense fiscal adjustment implemented during the first year of the current administration. However, the trend reversed significantly by year-end, registering a 5.5% year-on-year growth in December, marking the best performance since 2010. This outcome challenges predictions of a severe contraction and suggests that, in the short term, fiscal discipline measures may be beginning to generate stability and recovery in key sectors such as commerce and manufacturing. The INDEC report reveals a clear sectoral divergence: while public administration and construction continue to decline, areas such as agriculture, mining, and finance show sustained strength. This selective recovery, driven by regulatory changes such as the elimination of the PAIS tax, indicates that the economy is reconfiguring toward sectors with greater private-sector dynamism. Although wholesale prices accelerated in January due to these tax modifications, the productive structure appears to be showing signs of resilience in the face of the initial shocks of economic policy. This article is relevant to advocates of open data because it highlights the critical importance of the Monthly Economic Activity Estimator (EMAE) as a high-frequency indicator that allows for monitoring the real impact of public policies in near real-time. The ability to disaggregate these data by sector and compare historical trends demonstrates how statistical transparency facilitates rigorous analysis, enabling citizens and specialists to assess whether structural reforms are meeting their macroeconomic objectives beyond political interpretations.

Source: 4semanas.com
Published on 2025-02-26

El INDEC informó que la actividad económica se contrajo un 1,8% durante el primer año de Milei – 4SEMANAS.COM

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