Argentina’s economy kicked off the year with solid growth, posting a 6.5% year-on-year expansion in January 2025, according to the Monthly Economic Activity Estimator (EMAE) recently published by INDEC.
This figure far exceeded initial market expectations of 4.7% growth, supporting a clear recovery trend and marking the strongest increase since May 2022.
Among the most dynamic sectors, financial services stood out, with a notable 25.7% increase, up significantly from 16.9% in December.
This boost reflects a healthy recovery in domestic credit and stronger financial intermediation—key drivers of household consumption.Likewise, key sectors such as construction, which rebounded from a 7.2% contraction in December to a positive 1.9% growth, and utilities, which accelerated to 6.6% from 2.8%, underscore stronger infrastructure investment and the gradual recovery of domestic demand.
