GDP climbs 1.9% in 2012

The Gross Domestic Product (GDP) accumulated a 1.9 percent increase in 2012, against the 8.9 percent registered the previous year.

The Indec national statistics bureau reported that the economic activity grew 2.1 percent in the fourth quarter year-on-year and advanced 1.3 percent against the third one.

The official agency stated that the country's private consumption increased 4.5 percent in the last quarter compared to the previous year.