The National Institute of Statistics and Censuses (INDEC) published the Monthly Estimate of Economic Activity (EMAE) for September. According to the agency, economic activity rose by 5% year-on-year and by 0.5% compared to August. The EMAE reflects the monthly evolution of the economic activity of all productive sectors at the national level. Argentina's Minister of Economy, Luis Caputo, celebrated these figures. In a post on X, he stated, 'Tremendous data,' and criticized the 'political attacks' that had arisen before the October elections. 'Despite the electoral uncertainty, the economy registered a growth of 1.38% seasonally adjusted from June to September!! This indicator allows for anticipating the quarterly variation of the Gross Domestic Product (GDP).'
