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Argentina Industrial production November 2022

Argentina: Industrial output expands at softer pace in November

Industrial output rose 1.4% compared to the same month a year earlier in November, which followed October’s 3.5% increase. The figure was partly due to a deterioration in machinery and equipment and textile production.

On a monthly basis, industrial output expanded 0.8% in calendar adjusted terms in November, contrasting Octobers 1.3% fall. Meanwhile, annual average industrial production growth fell to 5.7% in November (October: +6.4%), which marked an over one-year low.

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