Argentina’s economy expanded 2.0% year-on-year in the second quarter of 2026, slowing from 2.3% growth in the previous quarter but exceeding forecasts for a 1.6% increase. Fishing led sector gains with 44.7% growth, followed by mining and quarrying at 16.4% and agriculture, livestock, hunting and forestry at 6.9%. Electricity, gas and water rose 5.0%, financial intermediation increased 4.8%, and hotels and restaurants grew 1.6%. Manufacturing fell 2.1%, while public administration and defense declined 1.4%. Exports climbed 13.7% year-on-year, whereas private consumption rose 0.4%, public consumption dropped 4.1%, gross fixed capital formation decreased 11.1%, and imports of goods and services fell 8.6%. On a seasonally adjusted quarter-on-quarter basis, the economy contracted 0.6%.