The National Institute of Statistics and Censuses (Indec) published data on the Argentine economy for the second quarter of 2025, where the significant growth achieved by Javier Milei's government can be seen.
According to the agency, the Gross Domestic Product (GDP) showed a year-on-year increase of 6.3%, maintaining the trend of sustained growth compared to the same period of the previous year.
Among the components of demand, Gross Fixed Capital Formation stood out with a year-on-year growth of 32.1%, a figure that demonstrates business and investor confidence in the country's productive development and in the economic plan of the libertarian administration. This behavior favors job creation and helps strengthen productive capacity in the medium and long term.
Datos del INDEC.
Several sectors of activity also recorded significant increases, reflecting a positive and diversified outlook. Financial Intermediation grew by 26.7% year-on-year, showing strength in the financial system and greater efficiency in channeling resources toward investment.
Meanwhile, Hotels and Restaurants showed a 17% increase, indicating a sustained recovery in tourism and related services, while the Construction sector recorded a 10.6% increase.
Javier Milei, presidente de Argentina.
Inflation continues to fall
In parallel, INDEC published data last week showing that inflation continues to show clear signs of deceleration, consolidating a more stable macroeconomic environment.
In August, monthly inflation stood at 1.9%, remaining below 2% for four consecutive months, a phenomenon not seen since November 2017. The cumulative figure for the first eight months of the year reached 19.5%, the lowest figure for this period since 2020.
Core inflation indicators, seasonal goods, and regulated items also reflect stability and control. Core inflation stood at 2%, while seasonal goods and services showed a decrease of 0.8%. The six-month moving average of general inflation also reached 2.2%, the lowest level since September 2020, consolidating a favorable scenario for the economic planning of households and businesses.
