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Milei's Economy Continues to Fall and Touched a New Floor in 2026

Summary by El Economista
A new indicator from Analytica estimates that economic activity fell 1.1% in July compared to June and remained at its lowest level of the year. Autos, construction and steel industry explained much of the setback, while agriculture again showed positive signs.
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4 Articles

The second quarter closed in red. This time, the problem is not the dollars: it is the demand. Not so far from the polls, dogma is yielding.

The economy again showed signs of cooling in July and the recovery that Javier Milei claims still does not start beyond Vaca Muerta, mining and agriculture. The Leading Index of Analytica Activity (ILA) estimated a monthly drop of 1.1%, with setbacks in industry, construction and sale of cars. Javier Milei’s government seeks to expand beyond the boom of Vaca Muerta and mining. Credit provided positive but insufficient signals to compensate for t…

The Argentine economy again gave a warning signal in July. After several months in which activity data showed erratic dynamics, with advances and setbacks, a new private indicator anticipates that the economy would have suffered a monthly fall of 1.1% in July and reached its lowest level of [...] The entry The economy fell again in July and touched a new floor in 2026 was first published in First Edition.

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A new indicator from Analytica estimates that economic activity fell 1.1% in July compared to June and remained at its lowest level of the year. Autos, construction and steel industry explained much of the setback, while agriculture again showed positive signs.

·Buenos Aires, Argentina
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El Economista broke the news in Buenos Aires, Argentina on Tuesday, September 1, 2026.
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