Argentina: Industrial production shrinks more quickly in August
Latest reading: Industrial production fell 4.4% on a year-on-year basis in August, following a 0.9% fall in the previous month. The latest reading highlights the economy’s stuttering momentum following a brief recovery in late 2024 and early 2025.
Relative to the prior month’s figures, readings in August softened for machinery and equipment (-8.9% in annual terms vs -4.5% in July) and basic metals (-4.3% vs -1.9% in July). In contrast, readings picked up for chemical products (-0.8% vs -1.0% in July), automotive vehicles (-6.2% vs -8.4% in July) and food and beverages (-2.3% vs -2.8% in July).
In seasonally adjusted month-on-month terms, industrial production was up 0.6% in August, following a 2.2% fall in the previous month.