Argentine economy expanded 3.9% in November over a year ago

The central bank cut its policy rate to 27.25% on Tuesday from 28% previously, the second straight cut since the government relaxed its inflation target.
The economic activity index in Argentina, a proxy for the country’s Gross Domestic Product (GDP), rose 3.9% in November from a year before – decelerating from October, when the index posted an annual rise of 5.2%.