Figures show Argentina's economy shrinking

ARGENTINA - Argentina's economy shrank 16% during the first three months of this year the government has revealed, plunging the country ever deeper into a recession that has now lasted for three-and-a-half years.

According to government figures this is the highest drop since statistics began. There was a 6% fall in economic activity in this quarter, compared with the last three months of 2001.

On the financial markets, the government got into yet more trouble, failing to make interest payments

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.