Argentina's Economy Faces Sixth Consecutive Decline

Argentina's economic activity saw a 1.7% decline in April, marking its sixth consecutive year-on-year drop. This result was less severe than the 4% fall expected by analysts surveyed by Reuters, according to the country's official statistics agency.

Argentina's economic activity decreased 1.7% in April from a year earlier, its sixth year-on-year drop in a row, the country's official statistics agency said on Friday.

The result was a smaller drop than the 4% fall forecast by analysts polled by Reuters.