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LatinNews Daily - 24 February 2020

In brief: Argentina’s economic activity contracts in 2019

* Argentina’s national statistics institute (Indec) has released the latest figures for its monthly indicator of economic activity (Emae), which expanded 0.2% month-on-month in December 2019. Year-on-year, the December Emae contracted by 0.3%, and Argentina’s economic activity accumulated a 2.1% contraction over the course of 2019. The Emae is used as a preview of GDP growth.

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