Friday, May 19, 2006

Argentina Growth Continues




Argentina continues its remarkable run of growth, recording economic expansion of 8.6% for the first quarter of the year, compared with the same period in 2005, according to the national institution of statistics (INDEC). GDP expanded 7.7% in March compared with the previous year, driven by construction, automotive industryand durable goods. The economy has now grown for 40 consecutive months.

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