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New York
July 3, 2020
9vest
Economic Indicators

Argentina April financial action plunges 26.4%: stats agency By Reuters

© Reuters. Staff members perform in a pizza shop as Tv set announces 97 verified situations of the coronavirus disorder (COVID-19), in Buenos Aires

BUENOS AIRES (Reuters) – Argentina’s financial activity plunged 26.4% in April, the country’s formal statistics company mentioned on Monday, the very first whole thirty day period following the South American grains producer imposed a nationwide lockdown to stem the distribute of the novel coronavirus.

The month to month drop was worse than a 21% decline analysts polled by Reuters predicted. Argentina, which imposed a lockdown from March 20, has prolonged the quarantine in and all over money Buenos Aires following a sharp recent increase in COVID-19 situations.

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