Recalculating: GDP Would Fall Less Than 11% in 2020

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Recalculating: GDP Would Fall Less Than 11% in 2020

First week
December 2020

Economic activity grew 13.2% q/q in the third quarter, a better recovery than expected. September’s numbers were in line with our forecast, but INDEC made a significant backward revision of the pandemic months, worsening Q2 and improving Q3.