FX.co ★ Argentina’s Economic Activity Slips Back into Contraction in February

Argentina’s economic activity returned to contraction in February 2026, interrupting the tentative positive momentum seen at the start of the year. According to the latest data updated on 22 April 2026, the year-over-year indicator for February stood at -2.1%, compared with a 1.9% increase recorded in January 2026 versus the same month a year earlier.

The figures highlight a sharp reversal in the short term: while January’s data suggested a modest recovery on an annual basis, February’s reading indicates that overall activity has weakened again when compared with February of the previous year. The year-over-year framework means both the current and previous indicators reflect how each month’s activity level has changed relative to the same month a year before, underscoring a renewed loss of economic momentum as the first quarter of 2026 progresses.