{"id":225655,"date":"2026-05-21T20:23:14","date_gmt":"2026-05-21T20:23:14","guid":{"rendered":"https:\/\/teknomers.com\/en\/economic-activity-increased-by-3-5-in-march-which-sectors-grew-the-most-and-the-least\/"},"modified":"2026-05-21T20:23:16","modified_gmt":"2026-05-21T20:23:16","slug":"economic-activity-increased-by-3-5-in-march-which-sectors-grew-the-most-and-the-least","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/economic-activity-increased-by-3-5-in-march-which-sectors-grew-the-most-and-the-least\/","title":{"rendered":"Economic Activity Increased by 3.5% in March: Which Sectors Grew the Most and the Least"},"content":{"rendered":"\n<h2>Economic Activity Increases by 3.5% in March<\/h2>\n<p>Economic activity witnessed a notable rise of <strong>3.5%<\/strong> in March, as reported by the National Institute of Statistics and Censuses (Indec). This rebound followed a <strong>2.1%<\/strong> decline in February, leading to an annual growth rate of <strong>5.5%<\/strong> for March, and a year-to-date increase of <strong>0.4%<\/strong>. The data is a strong indication that a recovery is underway in various sectors.<\/p>\n<h3>Sectors with Significant Growth<\/h3>\n<p>Among the <strong>15 sectors<\/strong> analyzed by Indec, <strong>14<\/strong> experienced growth:<\/p>\n<ul>\n<li><strong>Fishing:<\/strong> The standout performer saw an impressive <strong>30.9%<\/strong> year-on-year increase.<\/li>\n<li><strong>Agriculture, Livestock, Hunting, and Forestry:<\/strong> This sector contributed significantly with a <strong>17.9%<\/strong> annual increase, making it the most influential contributor to the economic growth.<\/li>\n<li><strong>Mining and Quarrying:<\/strong> Recorded a healthy annual growth rate of <strong>16.3%<\/strong>.<\/li>\n<li><strong>Manufacturing Industry:<\/strong> Showed a robust yearly increase of <strong>4.6%<\/strong>.<\/li>\n<\/ul>\n<p>Collectively, these sectors contributed <strong>2.7 percentage points<\/strong> to the overall economic growth.<\/p>\n<h3>Sectors with Minimal Growth<\/h3>\n<p>While many sectors thrived, there were also notable laggards:<\/p>\n<ul>\n<li><strong>Financial Intermediation:<\/strong> Grew by <strong>8.8%<\/strong> but is still considered on the lower side compared to the highest performers.<\/li>\n<li><strong>Construction:<\/strong> Followed with an increase of <strong>7.6%<\/strong>.<\/li>\n<li><strong>Transportation and Communications:<\/strong> Registered a modest growth of <strong>4.7%<\/strong>.<\/li>\n<li><strong>Manufacturing Industry:<\/strong> Reported a yearly boost of <strong>4.6%<\/strong>, which, although positive, still places it behind more dynamic sectors.<\/li>\n<\/ul>\n<p>The only sector to experience a decline was <strong>Public Administration and Defense<\/strong>, which saw a drop of <strong>1.12%<\/strong> and negatively impacted the overall growth by <strong>-0.06 percentage points<\/strong>.<\/p>\n<h3>Expert Insights<\/h3>\n<p>Economy Minister Luis Caputo expressed optimism, noting that the economic activity levels reached new historical highs in March. The month marked <strong>25 consecutive months of growth<\/strong>, indicating a sustained recovery trend.<\/p>\n<p>Economist Gabriel Caamano commented that the economic month was \u201cbetter than expected,\u201d as it rebounded more robustly than the previous month&#8217;s decline. However, he cautioned that upcoming data for April is less promising, suggesting a possible fluctuation in the growth pattern.<\/p>\n<h3>Future Outlook<\/h3>\n<p>Economists are optimistic about the potential for further recovery, particularly in May and June. Factors contributing to this anticipated growth include the roll-out of <strong>9,000 kilometers of national road infrastructure<\/strong>, the <strong>Labor Modernization Law<\/strong>, and the <strong>Tax Innocence Law<\/strong> designed to stimulate economic activity. However, concerns remain about delays in the regulation of these reforms and the impact of fluctuating economic conditions.<\/p>\n<p>Ivan Cachanosky from the Libertad y Progreso Foundation emphasized the significance of the diverse growth across sectors, highlighting a welcome change from previous months characterized by inconsistent performances.<\/p>\n<p>As government initiatives take root and economic conditions stabilize, the current data suggests that the recovery may continue to gain momentum in the coming months.<\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/teknomers.com\/category\/general\/\" rel=\"dofollow\">General News &#8211; 2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic Activity Increases by 3.5% in March Economic activity witnessed a notable rise of 3.5% in March, as reported by the National Institute of Statistics and Censuses (Indec). This rebound followed a 2.1% decline in February, leading to an annual growth rate of 5.5% for March, and a year-to-date increase of 0.4%. The data is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":225656,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4623,9699,1363,2570,1834,52784,6401,23128,725,52783,3888,1360,5339,24451,271],"class_list":["post-225655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mazagine","tag-activity","tag-argentina","tag-conference","tag-economic","tag-economy","tag-expoefi","tag-finance","tag-grew","tag-increased","tag-luis-toto-caputo","tag-march","tag-minister","tag-policy","tag-sectors","tag-speech"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/225655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=225655"}],"version-history":[{"count":1,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/225655\/revisions"}],"predecessor-version":[{"id":225657,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/225655\/revisions\/225657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/225656"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=225655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=225655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=225655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}