Makrognosis

Argentina EMAE monthly economic activity estimator, 2004=100 (INDEC)

MonthlyNot seasonally adjustedCode AR.ECOACT.M.NSA

Latest147.8August 2026
Previous151.5July 2026
Year ago150.4August 2025

Argentina EMAE monthly economic activity estimator, 2004=100 (INDEC) was 147.8 in August 2026, down 2.5% from July 2026 and down 1.7% from a year earlier.

Over the past ten years it has ranged from 113.3 (Apr 2020) to 168.4 (May 2017), averaging 145.7.

Argentina EMAE monthly economic activity estimator, 2004=100 (INDEC) (index 2004=100), Jan 2016 – Aug 2026100120140160201620182020202220242026Robomacro
Argentina EMAE monthly economic activity estimator, 2004=100 (INDEC) (index 2004=100), Jan 2016 – Aug 2026. Source: INDEC.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
August 2026147.8
July 2026151.5
June 2026161.7
May 2026166.3
April 2026162.4
March 2026160.3
February 2026139.3
January 2026149.4
December 2025153.9
November 2025148.0
October 2025152.8
September 2025151.7
August 2025150.4
July 2025153.8
June 2025156.8
May 2025165.1
April 2025158.9
March 2025150.6
February 2025141.4
January 2025146.5
December 2024148.7
November 2024148.2
October 2024148.1
September 2024144.8

Last 24 observations. The full history (128 observations) is available through the API.

Get Argentina EMAE monthly economic activity estimator, 2004=100 (INDEC) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/AR.ECOACT.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/AR.ECOACT.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationAugust 2026
First observationJanuary 2016
Observations128
FrequencyMonthly
Unitsindex 2004=100
AdjustmentNot seasonally adjusted
10-year high168.4 (May 2017)
10-year low113.3 (Apr 2020)
10-year average145.7
Source agencyINDEC
Makrognosis codeAR.ECOACT.M.NSA

Other Argentina indicators

Argentina GDP (Gross Domestic Product)Argentina Nominal GDP at current prices, annual (INDEC, ARS million)Argentina Nominal GDP at current purchasers' prices, quarterly at annual rate (INDEC Oferta y Demanda Globales, base 2004)Argentina Real GDP at constant 2004 prices, annual (INDEC)Argentina Inflation Rate (CPI)Argentina Core Inflation RateArgentina Unemployment RateArgentina Credit Rating & Sovereign Risk ScoreArgentina Industrial ProductionArgentina Current account balance, quarterly (INDEC)Argentina Trade Balance: Goods & ServicesArgentina Exports of goods & services (national accounts, real) (INDEC)Argentina Imports of goods & services (national accounts, real) (INDEC)Argentina Total imports CIF (USD MM)Argentina Government Debt to GDPArgentina Consumer confidence index, national (UTDT)

FAQ

What is the current eMAE monthly economic activity estimator, 2004=100 (INDEC) in Argentina?
The latest reading is 147.8 for August 2026, published by INDEC.
Where does this data come from?
It is collected directly from INDEC and is available through the Makrognosis API under the code AR.ECOACT.M.NSA.

Last updated 2026-11-06. Source: INDEC. Original title: “Argentina EMAE monthly economic activity estimator, 2004=100 (INDEC)”.