Thanks to Milei, the Argentine economy has accumulated eleven consecutive months of growth.

The Composite Coincident Index of Economic Activity of Argentina (ICA-ARG), prepared by the Rosario and Santa Fe Stock Exchanges through the Economic Cycle Research Center (CICEc), reflected a 0.4% increase in February.

This data confirms the positive trend that the Argentine economy has been showing in recent months, with eleven consecutive increases, and positions the indicator just 2% below its historical maximum recorded in May 2022.

Additionally, the year-on-year growth was 6.6%, a figure that demonstrates the strength of the economic recovery caused by the measures of the Government of Javier Milei. From the lowest point of the recession, recorded in March 2024, the activity accumulated a 7.1% improvement, which reinforces the signs of consolidation of the growth phase initiated last year.

Milei's administration managed to regain market confidence through policies of deregulation, public spending reduction, and the elimination of the fiscal deficit, achieving a drastic reduction in inflation and regenerating economic growth.

The report highlights that eight of the ten components of the ICA-ARG showed positive variations in February. Among the best-performing sectors are construction, which grew by 1.9%, new vehicle registrations, with a 2.0% increase, and total national revenue, which rose by 1.8%. These data reflect the revitalization of consumption and investment, driven by the macroeconomic stability and predictability that the libertarian management is achieving.

Meanwhile, agricultural production recorded a slight decline of 1.7%, affected by the lack of rain that impacted the projections of the main harvest. However, the agricultural sector has the support of the government, which is working to eliminate unnecessary regulations, lower taxes, and promote competitiveness of producers at the international level.

The labor market also provided encouraging signs, with a 0.2% increase in registered private employment and a 1.6% improvement in real wages. Additionally, the labor market entry rate experienced a remarkable 20.1% year-on-year growth, indicating that more people are entering economic activity.

Meanwhile, the leading index (ILA-ARG), which anticipates changes in the economic cycle, also recorded a 0.2% increase in February, remaining in positive territory.

All this demonstrates that the reforms implemented by President Javier Milei were a success and are already generating economic growth, with a smaller and more efficient State, along with a private sector with greater prominence in the country's development.