El-Watan

In that month the year drop in sales was 5.1%. It is true that the conflict between the government and the country did nothing to alarm the families on the evolution of the economy but these were already frightened by the acceleration of inflation. The slowdown in retail sales is not the only factor that makes a possible slowdown in the economy of Argentina. Another fact that supports this course is the evolution of electricity consumption. In the May, the increase in electricity consumption was only 3.3%.

This data shows a clear deceleration when one considers that in May 2007, the annual increase in energy consumption was 8.1% … "Increased energy efficiency? What is the result of energy-saving plan ?…. Explanations would be good for someone who does not want to acknowledge the slower pace of economic growth … But they seem to be explanations. And as always I want to see the positive side of things, I understand that at least from the government, this relieves to some extent on the energy issue facing the country. Regarding the energy issue, Daniel Montanat, economist and energy consultant, says: "The trend is that the economy is slowing and energy data reflected immediately because they are indicators of physical consumption. That's another reality that we are ignoring. " Is finishing up cycle of Argentina's economy? I prefer to answer this question with the following: Juan Mario Jorrat Economist, Master in Economics (University of Ohio), developed a leading composite indicator for Argentina (an indicator that predicts with some degree of accuracy the proximity of a slowdown or recession), which showed a sharp increase in the likelihood that Argentina's economy is approaching a "turning point" which is the same as saying that runs its upward march.