The skyline in Argentina

Argentina Industrial production October 2022

Argentina: Industrial output records slowest expansion since January in October

Industrial output rose 3.5% compared to the same month a year earlier in October, which followed September’s 4.3% increase. October’s outturn marked the worst reading since January. The figure was partly due to a deterioration in machinery and equipment production, as it expanded at the slowest pace since July 2020. In addition, basic metals output lost steam. Lastly, food and beverages production gained pace, while automotive vehicles production gained steam.

On a monthly basis, industrial output fell 1.1% in calendar adjusted terms in October, contrasting Septembers 0.1% uptick and marking the worst result since March. Meanwhile, annual average industrial production growth fell to 6.4% in October (September: +6.5%), which marked an over one-year low.

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