The economy fell 10% in 2020

Economic activity recorded a 2.2% drop in December compared to the same month in 2019, bringing the total slump to 10% in 2020, according to the National Institute of Statistics and Censuses (INDEC). Despite exhibiting a sharp contraction, the figure was better than expected, mainly because the construction and industry sectors recorded a strong rebound in the second half of the year.

Source: Ámbito