Argentina’s economy grew by 6.3% year-on-year in the June quarter of 2025, falling short of expectations of a 6.5% expansion and accelerating from a 5.8% increase in the previous quarter. This marks the fastest rate of expansion since Q2 2022, driven by accelerated expansion in the agriculture sector (4.8% vs. 3.7% in Q1) as the effects of a historic drought that severely impacted grain production began to subside. Manufacturing production (6.9% vs. 0.7%), wholesale and retail trade (10.3% vs. 2.5%), transportation and communications (1.4% vs. 2%), and financial intermediation (26.7% vs. 8.4%) also posted gains. However, declines were recorded in utilities (-1.1% vs. -1%). On a quarterly basis, Argentina's GDP fell by 0.1%, following a 1.1% expansion in the previous period.
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