Goldman Sachs cuts Argentina's growth forecast to 2.7% and looks ahead to the elections
The institution also said economic performance will increasingly be assessed against the presidential elections of October 2027. The cut followed April and May indicators that came in below expectations. In the first quarter, gross domestic product had grown 0.7% on a seasonally adjusted basis, an improvement the report attributed to the statistical carryover from late 2025 and to March's performance, which offset weaker figures for January and February.
- ▪The institution also said economic performance will increasingly be assessed against the presidential elections of October 2027.
- ▪The cut followed April and May indicators that came in below expectations.
- ▪In the first quarter, gross domestic product had grown 0.7% on a seasonally adjusted basis, an improvement the report attributed to the statistical carryover from late 2025 and to March's performance, which offset weaker figures for January
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Goldman Sachs cuts Argentina's growth forecast to 2.7% and looks ahead to the elections Saturday, July 25th 2026 - 09:22 UTC Full article 0 comments (adsbygoogle = window.adsbygoogle || []).push({}); Despite the revision, the bank considered that the economy is “expanding at a moderate pace” and maintained a favorable assessment of several aspects of the economic program Goldman Sachs lowered its growth forecast for Argentina's economy in 2026 from 3% to 2.7% and anticipated a possible contraction in activity during the second quarter, according to a report by the bank. The institution also said economic performance will increasingly be assessed against the presidential elections of October 2027. The cut followed April and May indicators that came in below expectations.
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