The latest figures from the National Statistics and Census Institute (INDEC) reveal that economic activity increased 2 percent in the month of March, compared to the same month last year and pushed by higher agricultural production among other factors.
A growth in financial activity and consumer purchases were also indicated by the state statistics agency as reasons for the improvement over March 2014. The Monthly Economic Activity Estimator, however, did show a drop of 1 percent for the month compared to February.
While the INDEC has not officially revealed accumulated results for the current year, in January 2015 the economy showed no change in relation to the same month last year; while in February a climb of 1.4% was recorded, marking a total growth of 3.4% with March’s figures.
Source: Buenos Aires Herald