In June, in addition, the monthly Economic Activity Estimator (EMAE) registered an interannual increase of 6.4%.
The economy It contracted for the second consecutive month. In this way the index fell by Fourth time in six months. Thus, the Monthly Economic Activity Estimator (EMAE) retreated 0.7% in June in the endless measurement, according to the National Institute of Statistics and Census (INDEC).
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“The level of activity climbed 6.4% year-on-year in June but the terms desestationalized (-0.7%) fell again, located 1.3% below the February peak of this year. According to emae desestationalized, the second quarter climbed only 0.1% vs. first quarter, “said the economist Lorenzo Sigaut Gravina who added that “Amestation is confirmed and there is a risk of recession in two semester.”
Sector by sector: how it was compared to 2024
If the comparison is analyzed with 2024, EMAE advanced 6.4% in the year -on -year comparison. In relation to the same month last month, Twelve of the activity sectors that make up the EMAE registered increases in Juneamong those who stand out Financial intermediation (28.7%) and Wholesale, retail trade and repairs (11.5%).
On the other hand, three sectors of activity registered falls in the interannual comparison, among which it stands out fishing (-74.6%), which together with public administration and defense; Mandatory affiliation social security plans (-0.7%) and Other community, social and personal services activities (-0.7%).
The activities with the greatest positive incidence in the interannual variation of the EMAE in June 2025 were wholesale trade, retail and repairs and manufacturing industry. In contrast, the branches of activity with the highest negative incidence were fishing and public administration and defense.
Projections for the coming months: what to expect
He Province Bank This Wednesday presented an innovative automated system to advance data linked to economic activity, which are usually published with a two -month lag in the official indicators. According to its first estimates, The economy contracted 0.4% in the last four weeks, given the volatility in the price of the dollar and interest rates.
Source: Ambito
