Argentina’s economy grew by 3.3% year-on-year in the September quarter of 2025, falling short of expectations of 3.5% and slowing from an upwardly revised 6.4% increase in the previous quarter.
The slowdown was driven by renewed weakness across several key sectors, with manufacturing production contracting (-2.4% vs. 6.9% in Q2) and wholesale and retail trade slowing markedly (0.6% vs. 10.3%).
Growth in agriculture also cooled significantly (0.8% vs. 4.8%) as the post drought rebound faded, while utilities remained in contraction (-0.8% vs. -1.1%).
By contrast, some areas showed resilience, with transportation and communications accelerating slightly (1.8% vs. 1.4%) and financial intermediation posting strong gains (28.4% vs. 26.7%).
On a quarterly basis, Argentina’s GDP rose 0.3%, reversing a 0.1% contraction in the previous period.
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