Argentina Industrial production November 2021


Argentina: Industrial output growth accelerates in November

January 7, 2022

Industrial production expanded 10.1% year-on-year in November (October: +4.4% yoy). Looking at the details of the release, the reading largely reflected growing output in the manufacture of metal products, automotive and textile products.

On a calendar-adjusted monthly basis, factory output jumped 4.8% in November (October: -5.0% mom). Meanwhile, annual average industrial production growth rose to 15.4% in November (October: +14.9%).

Panelists participating in the LatinFocus Consensus Forecast expect that industrial production will expand 2.5% in 2022, which is down 0.3 percentage points from last month’s forecast. For 2023, the panel forecasts industrial output to rise 2.2%.

Author: Massimo Bassetti, Senior Economist

Sample Report

Looking for forecasts related to Industrial production in Argentina? Download a sample report now.


Argentina Industrial production Chart

Argentina Industry November 2021

Note: Year-on-year changes and annual average variation of industrial production in %.
Source: Argentina National Statistical Institute (INDEC) and FocusEconomics calculations.

Argentina Economic News

More news

Search form