Argentina Economy Expands 9.2%

Argentina’s economy expanded by 9.2% last year, according to figures published by the National Institute of Statistics (INDEC). Growth was driven by the construction sector which rose by 20.4%, followed by agriculture (11.9%) and manufacturing (7.7%). The annual growth rate is the best since 2002 – the economy expanded 8.8% in 2003 and 9% in 2004.