Economic activity in Argentina sees record fall in April
Already in trouble before the pandemic, a lockdown since mid-March led to a 26.4% fall
30 June 2020 - 17:28
Buenos Aires — Argentina’s economic activity plunged 26.4% in April, the country’s official statistics agency said on Monday, the worst monthly fall on record as the country reeled from the impact of the coronavirus pandemic and a nationwide lockdown.
The April drop, after the South American grains producer imposed the lockdown in mid-March, was worse than the 21% decline predicted by analysts polled by Reuters, underscoring how badly the pandemic has battered local industry...
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