Argentina's President expects growth for 2017

Thursday, 21/07/2016 | 07:26 GMT

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Argentina's President, Mauricio Macri, stated that his nation would likely growth for 2017 approximately 3% to 3.5%, with the inflation levels cooling well below the rate of 20% for next year.

Argentina's President easing consumer price rises

The President highlighted that he will ease consumer price rises, which for the month of June slowed to 3.1%.

The Argentinian central bank reported that the nation's economy is facing some financial obstacles that forced it to shrink for Q2, as well as warning that actions should take place to ensure stability.

Moreover, the third largest economy of Latin America is perceived to have one of the highest inflation levels on a global scale, as per the national statistics agency Indec.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/argentina-s-president-expects-growth-for-2017

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