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A man works at Suspenmec, a small and medium-sized auto parts company which produces control arms for car suspensions and supplies used-car repair shops, in Sarandi, on the outskirts of Buenos Aires, Argentina, April 17, 2026. Irina Dambrauskas
A man works at Suspenmec, a small and medium-sized auto parts company which produces control arms for car suspensions and supplies used-car repair shops, in Sarandi, on the outskirts of Buenos Aires, Argentina, April 17, 2026. Irina Dambrauskas
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Argentina economic activity rises 2.7% in June, above expectations

August 20th, 2026 | 19:13 PM WORLD Americas 1

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By Reuters

Argentina's economic activity climbed ​2.7% in June compared with ‌the same month a year earlier, data from Argentina's national statistics agency ​showed on Thursday.

The increase for ​Latin America's third-largest economy was above ⁠the 1.9% growth projected by ​analysts polled by Reuters and jumped ​from the 0.4% rise recorded in May.

June's growth was driven primarily by fishing, ​as well as mining and ​quarrying, according to the government statistics agency INDEC.

Of ‌the ⁠15 sectors tracked by the EMAE, 12 posted year-on-year gains in June. The only declines were ​in public ​administration, ⁠defense and compulsory social security; electricity, gas and water; ​and education.

President Javier Milei's government ​has ⁠sharply cut public spending to curb inflation, while seeking to revive ⁠growth ​in the industrial, ​consumer and construction sectors.

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