The violent general strike by the General Confederation of Labor (CGT) called for April 10, 2025, will have a strong economic impact in Argentina, harming millions of workers.
According to a preliminary estimate prepared by the Institute of Economics of the Argentine University of Business (UADE), the strike will entail a cost of $208.497 billion, which is equivalent to about $194 million. This figure represents approximately 0.3% of the Gross Domestic Product (GDP) for the month of April and 6.4% of the production that would have been caused on a normal day of economic activity.
The report emphasizes that the effect of the strike will not be uniform across all sectors or regions of the country. Among the goods-producing sectors, the manufacturing industry will be the most affected, with an estimated loss of $18.113 billion.
Added to this are losses in mining and quarrying amounting to $7.089 billion, and in construction amounting to $7.180 billion. Altogether, the sectors linked to goods production will suffer a drop of $32.381 billion, which represents 5% of their daily product.
