# Argentina's economic slowdown accelerates - BNamericas

> Argentina's economic activity fell 6.8% year-on-year in March 2019, a steeper drop than the 4.8% decline in February, according to statistics agency Indec. Consultancy Ecolatina cited forex volatility, higher inflation and higher interest rates as drivers, and expects a better second quarter supported by strong agricultural output.

- Date: 2019-05-23 · published 2019-05-23T12:00:00.000Z
- Category: report · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/59367-argentina-s-economic-slowdown-accelerates-bnamericas
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A weakening domestic economy reduces local demand for goods and feed, while stronger farm output in the second quarter could support Argentine grain and oilseed supply.

## Sources

- bnamericas.com: https://www.bnamericas.com/en/news/argentinas-economic-slowdown-accelerates

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.