Argentine economy grew 2.3% in first quarter

June 23, 2026

Reported by AI

Gross domestic product grew 2.3% in the first quarter compared with the same period in 2025, according to INDEC data. Mining, agriculture and Vaca Muerta drove the result.

The National Institute of Statistics and Censuses released the figure on June 23. President Javier Milei and Finance Minister Luis Caputo celebrated the number on X.

Caputo posted the result and Milei replied to the post. Both highlighted that it is a new historical record.

The data show an improvement in economic activity compared with the first quarter of 2025.

Illustration depicting Argentina's February economic decline with falling graphs, closed factories, and empty shops in Buenos Aires.

Economic activity fell 2.6% in February, according to INDEC

April 22, 2026 Reported by AI Image generated by AI

Argentina's monthly economic activity estimator (EMAE) recorded a 2.1% year-over-year drop and a 2.6% seasonally adjusted decline in February 2026, INDEC reported. Manufacturing industry contracted 8.7% and commerce 7.0% year-over-year.

Colombian economy grows 2.2% in first quarter of 2026

The Dane reported that Colombia's GDP rose 2.2% in the first quarter of 2026, below the 2.5% recorded a year earlier. Growth was driven mainly by public spending and household consumption, while sectors such as construction and agriculture posted declines.

Private estimates predict economic rebound in March after February drop

April 23, 2026 Reported by AI

After a 2.6% drop in economic activity in February, according to INDEC, private consultancies estimate a March recovery driven by agriculture. Equilibra forecasts a 1.5% year-on-year rise and 1% monthly desesasonalized. The first quarter would end with 0.4% growth versus 2025.

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Luis Caputo estimates March inflation above 3%

Economy Minister Luis Caputo projected that March inflation will exceed 3%, driven by oil impacts and educational seasonality. The official INDEC data will be released on Tuesday, April 14, at 4 p.m. Caputo assured that disinflation and economic growth will begin from April.

Foreign investment in Colombia grew 63.4% in the first quarter

June 08, 2026 Reported by AI

Foreign direct investment reached US$3.794 million between January and March 2026, up 63.4% from the previous quarter.

June 23, 2026 17:51

Argentine economy grew 2.3% in first quarter

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