Industrial production in Argentina grew 4.4 percent year-on-year in January of 2021, following an revised 5.0 percent increase in the previous month. Activity was nudged by a 31.5 percent jump in non-metallic mineral products, a 31.2 percent increase in machinery and equipment, and a 16.2 percent rise in basic metals. On the other hand, oil refinery declined 8.5 percent and chemicals dropped 1.7 percent. On a seasonally adjusted monthly basis, industrial production rose 1.7 percent, after an upwardly revised 1.1 percent increase in the prior month. source: Instituto Nacional de Estadística y Censos (INDEC)

Industrial Production in Argentina averaged 1.42 percent from 1995 until 2021, reaching an all time high of 24.60 percent in March of 2003 and a record low of -33.30 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 March of 2021.

Industrial Production in Argentina is expected to be 6.00 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 1.00 in 12 months time. In the long-term, the Argentina Industrial Production is projected to trend around 1.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Argentina Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
4.45 5.04 24.60 -33.30 1995 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-12-09 07:00 PM Oct -2.9% 3.4% 1.8%
2021-01-07 07:00 PM Nov 4.5% -3.1% -4%
2021-02-04 07:00 PM Dec 4.9% 4.3% -2%
2021-03-04 07:00 PM Jan 4.4% 5.0% 3.6%
2021-04-08 07:00 PM Feb 4.4%
2021-05-06 07:00 PM Mar
2021-06-08 07:00 PM Apr
2021-07-07 07:00 PM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Argentina Industrial Production Rises 4.4% YoY
Industrial production in Argentina grew 4.4 percent year-on-year in January of 2021, following a revised 5.0 percent increase in the previous month. Activity was nudged by a 31.5 percent jump in non-metallic mineral products, a 31.2 percent increase in machinery and equipment, and a 16.2 percent rise in basic metals. On the other hand, oil refinery declined 8.5 percent and chemicals dropped 1.7 percent. On a seasonally adjusted monthly basis, industrial production rose 1.7 percent, after an upwardly revised 1.1 percent increase in the prior month.
2021-03-04
Argentina Industrial Production Gains Steams
Industrial production in Argentina grew 4.9 percent year-on-year in December of 2020, following a downwardly revised 4.3 percent increase in the previous month. It was the strongest growth in industrial activity since February of 2018, nudged by a 33.9 percent jump in motor vehicle manufacturing (vs. 15.3 percent in November). Manufacturing of machinery (+17.9 percent) and oil refinery (+4.5 percent) also expanded. In contrast, manufacturing of food, beverages & tobacco contracted 6.5 percent following a 4.3 percent gain. On a seasonally adjusted monthly basis, industrial production rose 0.9 percent, after an upwardly revised 4.3 percent increase in the prior month.
2021-02-04
Argentina Industrial Output Grows the Most Since 2018
Industrial production in Argentina advanced 4.5 percent year-on-year in November of 2020, following a revised 3.1 percent drop in the previous month. It was the strongest growth in industrial activity since February of 2018, as output rebounded for motor vehicle manufacturing (15.3 percent vs -9.2 percent in October) and food, beverages & tobacco (4.3 percent vs -2.5 percent). On a seasonally adjusted monthly basis, industrial production rose 3.5 percent, after a revised 1.5 percent drop in the prior month.
2021-01-07
Argentina Industrial Production Drops in October
Industrial production in Argentina fell 2.9 percent in October of 2020 after rising 3.4 percent in the previous month. Growth was mainly dragged by textiles (-20.7 percent vs -20.6 percent), oil refinery (-3.5 percent vs 7.4 percent), food, beverages & tobacco (-2.7 percent vs 6.1 percent), and motor vehicle manufacturing (-11.3 percent vs 5.3 percent). In contrast, machinery & equipment grew 7.1 percent after a 7.5 percent rise in September). On a monthly basis, production dropped 2.5 percent after expanding 4.3 percent.
2020-12-09

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.