Kyrgyzstan GDP Rises by 9% in January-November 2024 đ
Kyrgyzstan's GDP expanded by 9% from January to November 2024, driven by strong performances in manufacturing, services, and net taxes on products.
The strong GDP growth in Kyrgyzstan, particularly in the manufacturing and services sectors, suggests an overall positive economic environment. This could have a moderate positive impact on the investment portfolio, as it may indicate increased consumer demand and business activity, which could benefit some of the portfolio's holdings, such as the S&P 500, European market, and certain individual stocks like Apple and Microsoft.
Peru's Economic Activity Expands for 7th Month đ
Peru's GDP expanded by 3.38% year-on-year in October 2024, driven by growth in agriculture and construction, while manufacturing, mining, and fishing sectors saw slower or contracting growth.
The article indicates that Peru's economy is experiencing a period of expansion, with the GDP growing for the seventh consecutive month. The strong performance in the agriculture and construction sectors is a positive sign for the overall economy. While some sectors like manufacturing, mining, and fishing are seeing slower or contracting growth, the net positive GDP growth suggests a moderately positive impact on the investment portfolio, which has exposure to various Latin American and global markets.
Argentina Economic Activity Contracts Less Than Expected âšī¸
Argentina's economic activity estimator saw a smaller-than-expected 0.7% year-on-year decline in October 2024, with mixed performance across sectors.
The article provides a mixed picture of Argentina's economic activity, with some sectors showing improvement while others continued to contract. Given the relatively small decline in the overall economic activity estimator and the mixed sectoral performance, the impact on the provided investment portfolio is likely to be neutral. The portfolio's exposure to Argentina or Latin American markets is not specified, so the overall impact is limited.