The skyline in Argentina

Argentina Industrial production December 2022

Argentina: Industrial output contracts at sharpest pace since October 2020 in December

Industrial output dropped 2.7% compared to the same month of the previous year in December, which contrasted November’s 1.0% increase. December’s result marked the worst reading since October 2020. The notable deterioration largely reflected a deterioration in basic metals and chemical products output. However, machinery and equipment production rebounded strongly. Lastly, food and beverages output decreased at a sharper rate, while automotive vehicles output contracted at a steeper pace than in November.

On a calendar adjusted monthly basis, industrial production fell 1.2% in December (November: +0.4% mom). Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at an over one-year low of 4.3%, down from November’s 5.3%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest