Argentina's economy shrank 1.7% in the second quarter of the year compared to the previous three-month period, the country's statistics agency said on Wednesday, pushing the embattled South American nation deeper into recession.

Argentina’s economy sunk deeper into recession in the second quarter as ripple effects from President Javier Milei’s currency devaluation and austerity exacerbated a downturn. Gross domestic product declined 1.7% in the three months through June ...

Argentina's gross domestic product fell 1.7 per cent year-over-year, worse than analyst forecasts of a 1.4 per cent contraction compared with the year-earlier period.

Argentina's economy shrank 1.7% in the second quarter compared to the previous three months, the country's statistics agency said on Wednesday, extending a recession the South American nation entered early this year.