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Brazil & Southern Cone - October 2017 (ISSN 1741-4431)

Starting to fire on all cylinders

The much-anticipated economic recovery promised by the Argentine government led by President Mauricio Macri since it came to power in December 2015 is now fully materialising. After registering a tentative increase in domestic economic activity towards the end of last year, all the evidence suggests that there is now a healthy increase in activity in all economic sectors. This in turn has led to job creation to the benefit of the general population. But as positive as these early signs of a return to healthy economic growth are, the still-high domestic rate of inflation remains a singular problem for the government and its attempts to convince the local population that its economic reform programme can bring long-term sustainable economic growth for the country.

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