Argentina's financial recession: a better look at June activity and sectoral effects

INSUBCONTINENT EXCLUSIVE:
information, provided by the National Institute of Statistics and Census (Indec), aligns with the contracting trend observed in the
consecutive month of decline.Out of the 16 sectors analyzed by Indec, ten showed year-on-year improvement in June
Notably, the hospitality and mining sectors grew by 8.8% and 7.9%, respectively.Photo Internet reproduction.However, the agriculture and
economic activity, plunged by 40.4% year-on-year.The manufacturing industry also experienced a decline, dropping by 3.6%
the previous year, considerably lower than the impressive 10.4% growth in 2021.