May 20, 2020 / 7:12 PM / 6 days ago

Argentina economic activity plunges 11.5% in March as COVID-19 impact hits

BUENOS AIRES, May 20 (Reuters) - Argentina’s economic activity plunged a steep 11.5% in March versus the same period a year earlier, the country’s statistics agency said on Wednesday, underscoring the impact of the global coronavirus pandemic on the country’s recession-hit economy.

The drop was the steepest monthly fall since 2009. (Reporting by Jorge Iorio; Writing by Adam Jourdan)

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