Argentina's Economic Activity Faces Steeper Decline

Argentina's economic activity fell by 8.4% in March, marking its fifth consecutive monthly decline. This drop was significantly worse than the 6.9% fall predicted by analysts in a Reuters poll.

Argentina's economic activity decreased 8.4% in March from a year earlier, its fifth monthly drop in a row, the country's official statistics agency said on Wednesday.

The result was a deeper drop than the 6.9% fall forecast showed by a Reuters poll of market analysts on Tuesday.