Argentina Faces Steeper Economic Downturn in September

Argentina's economic activity dropped by 3.3% in September, marking the fourth consecutive month of decline. This contraction exceeded the 2.7% decrease forecasted by analysts. The statistics agency reported on Friday, highlighting the ongoing economic challenges faced by the country.

Argentina's economic activity saw a 3.3% decline in September compared to the same month last year, according to a report released on Friday by the country's official statistics agency.

Marking the fourth consecutive month of annual contraction, the figure surpassed the 2.7% drop predicted by analysts surveyed by Reuters, indicating deeper economic challenges.

The persistent downturn underlines the serious economic hurdles Argentina continues to grapple with as experts adjust their forecasts amidst a climate of uncertainty.

(With inputs from agencies.)