Preview: Argentina Apr Economic Activity Index (Monthly GDP) data expected at 15:00 ET (19:00 GMT)
**Consensus expectations: - - M/M: No est v 3.5% prior - - Y/Y: 3.3%e v 5.5% prior - - - **Note: Argentina Q1 GDP Q/Q: 0.7% v 0.4%e; Y/Y: 2.3% v 1.7%e - - Recent comments: - - On Jan 30th 2025 Argentina Central Bank (BCRA) cuts key rate by 300bps to 29.00% - - **Insight: Argentina Central Bank has cut the main policy rate nine times in the current easing cycle that began in Dec 2023 by a total of 10,400bps. The last cut was in Jan 2025
**Consensus expectations: - - M/M: No est v 3.5% prior - - Y/Y: 3.3%e v 5.5% prior - - - **Note: Argentina Q1 GDP Q/Q: 0.7% v 0.4%e; Y/Y: 2.3% v 1.7%e - - Recent comments: - - On Jan 30th 2025 Argentina Central Bank (BCRA) cuts key rate by 300bps to 29.00% - - **Insight: Argentina Central Bank has cut the main policy rate nine times in the current easing cycle that began in Dec 2023 by a total of 10,400bps.
The last cut was in Jan 2025