Economic activity in Argentina registered a one-off drop in February 2026, directly explained by the general strike of the CGT, the lower number of working days and the seasonal nature of the month.
These factors had a full impact on production and the normal functioning of the economy, although a key fact from INDEC confirms the continuity of economic growth.
According to the agency's report, the Monthly Estimator of Economic Activity (EMAE) showed a fall of 2.6% compared to January and a decrease of 2.1% year-on-year, while the first two months of the year accumulated a decline of 0.2%.
The main factor behind this fall was the general strike of February 19, which generated an economic loss estimated at USD 575 million, equivalent to about 0.8% of monthly GDP.
The stoppage of public transport was decisive, since it prevented the transfer of workers and slowed down activity in key sectors such as industry and commerce, which were the most affected in that month.
Another key element is the seasonal nature of February, historically one of the least active months in Argentina. During this period, many industries carry out technical shutdowns, maintenance and holidays, which reduces production and is reflected in official statistics.
This type of event impacts activity through three mechanisms: the direct loss of production during the strike, the effect of fewer working days and the temporary slowdown in some industries.
