Argentina's Economy Shows Resilience in October

Argentina's economic activity increased by 3.2% in October compared to the previous year, according to the national statistics agency. Although this growth fell short of analysts' expectations of 3.6%, it reflects a decrease from September’s 5% growth rate, indicating a slowdown in economic momentum.

Argentina's economic activity rose by 3.2% in October compared to the same month last year, according to data released by the country's national statistics agency on Monday.

This figure is slightly below the 3.6% growth projected by analysts surveyed by Reuters, suggesting the economy is expanding at a slower pace than anticipated.

The latest statistics also mark a decrease from September's growth rate of 5%, highlighting a potential slowdown in the momentum of Latin America's third-largest economy.

(With inputs from agencies.)