Industry in Argentina
Argentina - Industry
Industrial production dives amid lockdown measures in March
Industrial production tumbled 16.8% year-on-year in March, according to data released by the National Statistical Institute (INDEC) on 6 May. The reading follows February’s softer 1.0% year-on-year decrease.
March saw a broad-based contraction in all sub-components of the index. The sharpest falls were recorded in the production of other equipment, apparatus and instruments, textiles and automotive and other transport equipment.
Meanwhile, the annual average variation in industrial output dropped from February’s minus 4.7% to minus 4.9% in March.
Panelists participating in the LatinFocus Consensus Forecast expect that industrial production will contract 6.3% in 2020, which is down 4.3 percentage points from last month’s forecast. For 2021, the panel expects industrial output to rise 3.3%.
Argentina - Industry Data
|Industrial Production (annual variation in %)||0.1||-4.5||2.5||-5.0||-6.4|
5 years of economic forecasts for more than 30 economic indicators.
Argentina Industry Chart
Source: National Statistical Institute (INDEC) and FocusEconomics calculations.
|Bond Yield||6.69||0.15 %||Dec 17|
|Exchange Rate||59.88||0.45 %||Dec 30|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
December 1, 2021
The Universidad Torcuato di Tella (UTDT) consumer confidence index dipped to 39.7 in November from 40.2 in October, marking the weakest reading in four months.
November 24, 2021
The monthly indicator for economic activity (EMAE) grew 11.6% year-on-year in September (August: +12.8% yoy).
November 24, 2021
Merchandise exports increased 46.5% over the same month last year in October, following September’s 60.1% jump.
November 12, 2021
Consumer prices increased 3.52% over the previous month in October, slowing down from September's 3.55% increase.
November 10, 2021
Industrial production expanded 10.1% year-on-year in September (August: +13.8% yoy).