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Argentina GDP contracts 0.6% in Q2, first in two years; recession risk rises
InfoMoney·AR·2 days ago
Argentine supermarkets and wholesalers report a 3.1% year-over-year decline in June sales, with only 19.1% expecting improvement, indicating persistent demand weakness. This reflects ongoing consumer contraction, likely tied to recessionary conditions or austerity measures. The data suggests continued downside pressure on consumption and growth.