Argentina Economic Activity Expands The Most Since May-2022 đ
Argentina's economic activity estimator showed robust growth of 6.5% year-on-year in January 2025, exceeding expectations with strong performance in construction, utilities, financial services, and mining sectors.
Strong economic indicators suggest potential market opportunities, particularly for emerging market and global index exposures in the portfolio
Argentina Current Account Swings to Surplus in Q4 âšī¸
Argentina recorded a significant current account surplus of USD 1.029 billion in Q4 2024, driven by a substantial increase in goods account surplus, indicating improved economic performance compared to the previous year.
Limited direct impact on portfolio holdings, as no specific Argentine assets are in the portfolio. Marginally positive economic signal for emerging markets exposure.