Economic activity plummeted 11.5% year-on-year in March

The Monthly Economic Activity Estimator (MEA) collapsed 11.5% year-on-year in March, affected by the recession and the beginning of the quarantine. The National Institute of Statistics and Census (INDEC) reported Wednesday that the seasonally adjusted variation for the third month of 2020 compared to February showed a drop of 9.8%.

Source: Infobae