Industrial production in Argentina fell 7.1 percent over a year earlier in August 2020, after dropping a downwardly revised 6.6 percent in the previous month, amid the coronavirus crisis. Main declines were were seen in textiles (-26.7 percent); vehicles (-19.5 percent); non-metallic minerals (-17.7 percent); other equipment and instruments (-29.3 percent); wood & paper (-3.1 percent); and food & beverages (-4.8 percent). In contrast, production rose for oil, chemicals & plastic (3.3 percent) and furniture & other manufacturing (10.2 percent). On a seasonally adjusted monthly basis, output dropped 0.9 percent. source: Instituto Nacional de Estadística y Censos (INDEC)

Industrial Production in Argentina averaged 1.40 percent from 1995 until 2020, reaching an all time high of 24.60 percent in March of 2003 and a record low of -33.34 percent in April of 2020. This page provides the latest reported value for - Argentina Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Industrial Production in Argentina is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Argentina to stand at 1.50 in 12 months time. In the long-term, the Argentina Industrial Production is projected to trend around -1.00 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Argentina Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-7.07 -6.62 24.60 -33.34 1995 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-07 07:00 PM May -26.4% -33.4% -23.5% -25%
2020-08-05 07:00 PM Jun -6.6% -26.4% -12.5% -14%
2020-09-03 07:00 PM Jul -6.9% -6.6%
2020-10-07 07:00 PM Aug -7.1% -6.6% -5.5%
2020-11-05 07:00 PM Sep -7.1% -4.3%
2020-12-04 07:00 PM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Argentina Industrial Production Drops Further in August
Industrial production in Argentina fell 7.1 percent over a year earlier in August 2020, after dropping a downwardly revised 6.6 percent in the previous month, amid the coronavirus crisis. Main declines were were seen in textiles (-26.7 percent); vehicles (-19.5 percent); non-metallic minerals (-17.7 percent); other equipment and instruments (-29.3 percent); wood & paper (-3.1 percent); and food & beverages (-4.8 percent). In contrast, production rose for oil, chemicals & plastic (3.3 percent) and furniture & other manufacturing (10.2 percent). On a seasonally adjusted monthly basis, output dropped 0.9 percent.
2020-10-07
Argentina Industrial Output Falls for 6th Month
Industrial production in Argentina fell 6.6 percent year-on-year in June of 2020, following a 26.4 percent decline in the previous month and compared with market expectations of a 12.5 percent drop. It was the sixth consecutive decrease in industrial output although at a much softer pace, as production advanced for food & beverages (4.8 percent) and chemical products (7.6 percent). On a seasonally adjusted monthly basis, industrial output went up 13.8 percent, accelerating from a revised 12.5 percent gain in May.
2020-08-05
Argentina Industrial Production Drops 26.4% YoY
Industrial production in Argentina plunged 26.4 percent year-on-year in May 2020, following a 33.4 percent decline in the previous month and compared to market expectations of a 23.5 percent fall, amid the coronavirus crisis. Output dropped sharply mainly for textiles (-57.2 percent); non-metallic mineral products (-52.5 percent); transport equipment (-73.9 percent); and food, beverages & tobacco (-5.6 percent). On a seasonally adjusted monthly basis, industrial output increased 9 percent, rebounding from a 15.5 percent plunge in the prior month.
2020-07-07
Argentina Industrial Output Falls the Most on Record
Industrial production in Argentina plummeted 33.5 percent year-on-year in April 2020, following a 16.8 percent decline in the previous month and explained by the country’s lockdown to curb the pandemic. It was the steepest downturn in industrial activity since at least January of 1995. Output dropped sharply for textiles (-72.2 percent); non-metallic mineral products (-67.4 percent) and transport equipment (-87.9 percent). On a seasonally adjusted monthly basis, industrial output dropped 18.3 percent after plunging 17 percent.
2020-06-04

Argentina Industrial Production
In Argentina, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.