Argentina says economic activity drops 0.9 percent in March

BUENOS AIRES Fri May 16, 2014 3:03pm EDT

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BUENOS AIRES May 16 (Reuters) - Argentina's economic activity index unexpectedly slid in March on the year, falling 0.9 percent, the INDEC statistics agency said on Friday.

The median forecast in a Reuters poll of economists had been for growth of 0.4 percent.

The monthly EMAE economic activity index is a close proxy for gross domestic product. (Reporting by Alejandro Lifschitz)

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