December 22, 2006
Argentina's economy expanded 9.3% in October, compared with the same month
Argentina's economy expanded 9.3% in October, compared with the same month a year ago, and was up 0.9% against September. According to INDEC, Argentina's national institute of statistics, cumulative growth for the first 10 months of the year rose to 8.5% from 8.4% as at September. Industry, agriculture and construction continue to drive growth. The government's growth forecast of 8.5% this year is looking on target, say analysts.