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Argentina Industrial production August 2022

Argentina: Industrial output growth accelerates in August

Industrial output grew 7.6% year on year in August (July: +5.5% yoy). The result was chiefly driven by stronger growth in the production of food and beverages and automotive vehicles.

On a monthly basis, factory output rose 0.4% in calendar-adjusted terms in August, contrasting July’s 0.7% contraction. Meanwhile, annual average industrial production growth fell to 6.9% in August (July: +7.5%).

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