## Argentina: Staff Report for the 2005 Article IV Consultation

_IMF Staff Country Reports, July 18, 2005_

## Source details

**Canonical URL:** [Argentina: Staff Report for the 2005 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/argentina-staff-report-for-the-2005-article-iv-consultation-18412)

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## Bibliographic details
- Published: July 18, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451801392.002

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### Overview — substantive findings
- Argentina’s economy has rebounded strongly from the financial crisis in late 2001.
- Reflecting buoyant domestic demand, real GDP grew close to 9 percent in both 2003 and 2004, bringing real output level back to the peak level achieved prior to the crisis.
- Growth has continued in the first quarter, and consumer and business confidence indicators remain at high levels.
- Inflation has accelerated amid rising demand, increased capacity constraints, growing wage pressures, and monetary accommodation.

### Macroeconomic performance and indicators
- Real GDP growth: close to 9 percent in 2003.
- Real GDP growth: close to 9 percent in 2004.
- Real output level: returned to the peak level achieved prior to the crisis.
- Growth continuation: noted in the first quarter (year not specified in the summary).
- Confidence: consumer and business confidence indicators described as remaining at high levels.

### Inflation and domestic pressures
- Inflation: described as having accelerated.
- Contributing factors to inflation:
  - rising demand
  - increased capacity constraints
  - growing wage pressures
  - monetary accommodation

### Thematic coverage (subjects listed)
- Arrears
- Banking
- Economic sectors
- External debt
- Fiscal policy
- Fiscal stance
- Public debt
- Public sector

*Argentina: Staff Report for the 2005 Article IV Consultation — IMF Staff Country Report No. 2005/236*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/argentina-staff-report-for-the-2005-article-iv-consultation-18412_