BUENOS AIRES – Argentine leader Cristina Fernandez’s popularity fell to a 13-month low of 42.1 percent in a poll released on Sunday, as people in the grains-exporting country start to feel the pinch of the contracting global economy.
Fernandez has cut back on some of her popular subsidies and social spending while her government tries to dodge fallout from Europe’s debt crisis and the slowdown in demand from key trade partners Brazil and China.
The survey, conducted by Management & Fit, showed a sharp drop from the 59.1 percent popularity that the 59-year-old Peronist leader enjoyed last month. In October she won a 54 percent re-election landslide, powered by one of the region’s fastest economic expansions.
But the headlines have not been great since then, as Europe tries to stave off financial disaster and commodities markets slacken. Argentina’s economy grew 5.5 percent in December, the slowest year-on-year rate in nearly two years.