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The Argentinean economic activity index fell by 0.58% in December over the previous month, according to the report of the Torcuato Di Tella University. On an annual basis, the index posted a 13.71% growth.
"The probability of entering a recessive phase in the next six months is of 49.3%," the report said.
The index was developed to summarize and reveal turning points in the level of economic activity in Argentina.
