Argentina Sees 1.6% Economic Dip in 2023
In 2023, Argentina’s economy shrank by 1.6%, with a notable 4.5% drop in December alone, reports the National Institute of Statistics and Censuses (INDEC). The decline spanned various sectors. Financial services saw the sharpest fall at 12.2%, while manufacturing and utilities each dropped by 11.9%. Taxes on subsidies fell by 10.1%, trade by 8.5%, and […]