The Gross Domestic Product (GDP) grew 5.2% last year and chained two consecutive years of expansion, reported this Wednesday the National Institute of Statistics and Censuses (INDEC).
In addition, the GDP of the fourth quarter of last year was 1.9% higher than that of the same period of 2021, while it was 1.5% below the third quarter of 2022.
INDEC reported that during the fourth quarter of last year there was a 0.1% increase in gross fixed capital formation, while private consumption grew 5.1%, public sector consumption fell 2.1%, and exports of real goods and services registered an increase of 8 .6%
In seasonally adjusted terms, with respect to the third quarter of 2022, imports fell 8.6%, private consumption registered a decrease of 1.5%, public sector consumption fell 0.3%, exports rose 8.7% and the gross formation of fixed capital registered a decrease of 7.2%.
Source: Ambito
