LatinNews Daily - 24 November 2021

In brief: Argentina’s economic activity increases in September

* Argentina’s national statistics institute (Indec) has released new figures which show that economic activity grew 11.6% in September compared with the same month in 2020. Compared with August, economic activity rose by 1.2%, marking the fourth consecutive monthly increase. The largest year-on-year jumps in economic activity were in community, social & personal services (66.9%) and hotels & restaurants (59.1%), although the total yearly increase was driven predominantly by growth in industrial manufacturing (10.1%) and retail (10.1%). Meanwhile, Indec reported reductions in economic activity in the fishing sector (-9.6%) and in agriculture, livestock, hunting & forestry (-1.7%).

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