• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
Quilla NewsFinance & Technology
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Argentina's economic activity fell 1.7% year-on-year in August, leaving it on the brink of recession

FinanceInternationalPrensa Latina40 s readAI summary
Image: Prensa Latina

Argentina's economic activity fell 1.7% in August compared with the same month of 2025, and accumulated growth was cut to 1.2%, according to the Monthly Estimator of Economic Activity (EMAE). The report also revised July: the monthly contraction went from 2.9% to 2.8% and the year-on-year decline widened from 1.4% to 1.5%. Mining and hydrocarbon extraction provided the largest positive contribution, while manufacturing, commerce, construction, transport and communications and financial intermediation declined. Ten sectors ended lower and five higher.

In 40 seconds

  • The August EMAE showed a 1.7% year-on-year decline and accumulated growth stood at 1.2%.
  • The report revised July: the monthly drop went from 2.9% to 2.8% and the year-on-year figure from 1.4% to 1.5%.
  • Mining and hydrocarbons contributed positively; manufacturing fell 3.2% and commerce 3.5% year-on-year.
Read the full story at Prensa Latina

IASummary generated by artificial intelligence from a story by Prensa Latina. It may contain errors: the original source prevails.

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