Argentina April economic activity plunges 26.4%: stats agency

FAN Editor
Employees work in a pizza shop as TV announces 97 confirmed cases of the coronavirus disease (COVID-19), in Buenos Aires
FILE PHOTO: Employees work in a pizza shop as TV announces 97 confirmed cases of the coronavirus disease (COVID-19), in Buenos Aires, Argentina March 18, 2020. REUTERS/Agustin Marcarian

June 29, 2020

BUENOS AIRES (Reuters) – Argentina’s economic activity plunged 26.4% in April, the country’s official statistics agency said on Monday, the first full month after the South American grains producer imposed a nationwide lockdown to stem the spread of the novel coronavirus.

The monthly drop was worse than a 21% decline analysts polled by Reuters predicted. Argentina, which imposed a lockdown from March 20, has extended the quarantine in and around capital Buenos Aires after a sharp recent rise in COVID-19 cases.

(Reporting by Jorge Iorio; Writing by Adam Jourdan)

Free America Network Articles

Leave a Reply

Next Post

Women sue 4 Indianapolis officers, claiming excessive force

Two women have filed an excessive force lawsuit against four unnamed Indianapolis police officers after video showed the officers using batons and pepper balls to subdue the women at a protest last month over the death of George Floyd By CASEY SMITH Associated Press/Report for America June 29, 2020, 7:44 […]