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Argentina's Growth Slows to 2.5% Amid Economic Turmoil

10/22/2025

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Story summary
  • Argentina's growth is projected to slow in August to 2.5% year on year, the second consecutive slower month, per Reuters poll.
  • Growth was 6.1% in June and 2.9% in July.
  • High interest rates and strict reserve requirements are limiting credit access.
  • The October 26 elections are critical, as President Javier Milei of Argentina seeks more congressional seats to push reforms amid currency volatility and political uncertainty.