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flag Argentina's economy shrank 1.9% in Q4 2022, marking a full year of negative growth and a 1.4% contraction year-over-year.

flag Argentina's economy shrank 1.9% in Q4 2022 compared to the previous quarter, marking a full year of negative growth. flag The economy also contracted 1.4% year-over-year. flag GDP declines were driven by falling manufacturing and utilities sectors. flag Argentina's new government, led by President Javier Milei, is attempting to combat inflation and deficit with austerity measures, including spending cuts.

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