Argentina Sustains 8% Growth Rate

Argentina has continued to sustain its long run of economic growth, with expansion of 8.2% seen in June, slightly below market expectations. The figures mean that growth for the first half of the year overall remains at 8%. Expansion in June was driven by the car, steel and construction industries, with demand coming from the domestic, as well as the export, market. Most economists expect growth to slow during the year to post a final figure of 7.6%.