new
or
You are here : Stone Home > Info Center > Global Trade > Argentina suffering great economic loss from A/H1N1 flu

Argentina suffering great economic loss from A/H1N1 flu

Updated:2009-07-09 10:36:13

Argentina's economy is headed for a monthly loss of six billion pesos (about 1.57 billion U.S. dollars) because of the A/H1N1 flu spread, a research institute reported on Tuesday.

According to the report, in the past 15 days the spread of the flu has inflicted three billion pesos (785 million dollars) of loss to Argentina, and the monthly loss could add up to six billion pesos, 0.6 percent of the country's GDP.

Though medical and sanitary supplies sales have surged, other sectors including aviation, tourism, food and beverage, and entertainment have all been severely hit, the report said.

Economist Nicolas Brich said that currently the country's commerce and consumption are the two sectors most affected by the flu outbreak, and as it continues to spread, the manufacturing sector will also be affected.

If the flu spread at the speed in Mexico, the country's GDP could suffer a one to two percent loss, Brich said.

The death toll has reached 60 in Argentina. Many provinces and regions, including the capital Buenos Aires, have announced a state of medical emergency since June.

 

 

Source:http://news.xinhuanet.com

Premium Related Products
Glass Mosaic Tile 300X300MM
Price:USD30-45 / square meter
Origin:China
Categories:Mosaic
VietnamVietnam
SUNNY GOLD
Price:Negotiation
Origin:Egypt
Categories:Tile & Cut to size
EgyptEgypt
Estremoz Rosato
Price:30
Origin:BACCI MARMI S.r.l.
Categories:Tile & Cut to size
ItalyItaly
Browse by: Stone Manufacturers | All Products | For Buyers | For Sellers | Suppliers | Stonebtb.com International | Stonebtb.com China | Site Map
About Us | Stonebtb Service | Contact Us | Our Partners | Video | Exchange Link | Terms of Use
Copyright 2007-2014 Stonebtb.com All rights seserced