INDEC: GDP grew by 6.9% in the second quarter of this 2022

According to the National Institute of Statistics and Censuses (INDEC), the Gross Domestic Product (GDP) reflects “the economic activity of the productive units residing in the territory. The economic territory of each province coincides with its geographical limits. A productive unit is resident in an economic territory when it has a center of economic interest in said place.

Therefore, the institution does one of its many tasks by keeping this economic indicator up to date and observing how it fluctuates over time. Yesterday, the INDEC issued a report that reflects the activity of the GDP in the second quarter of 2022: this grew by 1% in seasonally adjusted terms compared to the first quarter of the year.

Executive summary of the second quarter of 2022.

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