From Buenos Aires Times · · 1m 10s
IMF Slashes Argentina's 2026 Growth Forecast
IMF cuts Argentina's 2026 growth forecast to 2.1% from 4% amid rising inflation and unemployment.
In brief
IMF cuts Argentina's 2026 growth forecast to 2.1% from 4% amid rising inflation and unemployment. The IMF reduced Argentina's 2026 economic growth forecast to 2.1% due to high inflation and unemployment. Originally reported by Buenos Aires Times.
IMF revises Argentina's growth forecast
The International Monetary Fund has almost halved its 2026 growth forecast for Argentina, slashing it to 2.1 percent from an initial four percent projection.
2026 inflation and unemployment rise
The IMF raised its 2026 inflation forecast to 32.5 percent and predicted unemployment will reach 7.6 percent in 2026.
2027 growth forecast cut
The IMF lowered its 2027 growth projection from four percent to 3.5 percent, half a percentage point down.
Economic activity contraction
Economic activity contracted by 2.9 percent in July compared with June and by 1.4 percent year-on-year.
IMF warns of inflationary pressures
The IMF warns that higher energy and food prices linked to the war in the Middle East will sustain inflationary pressures.
Argentina's economic outlook
Argentina's economy will grow more slowly than the wider region, with an average of 2.3 percent for Latin America and the Caribbean in 2026.
Here's the gist
The IMF reduced Argentina's 2026 economic growth forecast to 2.1% due to high inflation and unemployment.
