INSUBCONTINENT EXCLUSIVE:
nine months of the year.The National Institute of Statistics and Censuses (INDEC) reported these figures, indicating economic
challenges.Several sectors experienced declines, highlighting the varied impact across industries
Notably, the Net Taxes on the Subsidies sector suffered the most, dropping 3.9%.The manufacturing industry followed closely, with a 3.6%
forestry also declined by 2.2%
Financial intermediation saw a 1.7% reduction
These decreases show a widespread economic slowdown.However, some sectors showed growth, offering a glimmer of hope
The fishing industry grew by 8.9%, showing resilience.Electricity, gas, and water sectors increased by 7.2%
Mining and quarrying experienced a 6.1% rise
(Photo Internet reproduction)Further, education saw a 2.5% increase
Hospitality and social, health services both grew by 2.1%.Real estate, business services, and rentals rose by 1.4%
It highlights the need for strategic responses to these challenges.The government and businesses must navigate these economic fluctuations
to stabilize and grow the economy.
