🇦🇷 Argentina — Weekly Briefs

Argentina reports April contraction as 2027 debt outlook brightens

Argentina's economy contracted in April after a March rebound, underscoring uneven recovery midway through the Milei term. Country risk premium narrowed to around 420 basis points, the tightest in eight years, with Moody's noting rising confidence in managing 2027 debt obligations. Inflation remained elevated at 33.6% year-on-year in May while exports stayed strong. Investors may monitor reserve accumulation and fiscal discipline over the coming weeks.