Industrial production in Argentina increased 5.1 percent year-on-year in July of 2022, easing from an upwardly revised 7.3 percent rise in the previous month. It was the softest growth in industrial activity since April. Industrial growth was driven by ), automobiles and transport equipment (21.2 percent); metal, machinery & equipment (13.6 percent); minerals and basic metals (5.1 percent); textiles, leather, & footwear (4.2 percent) and furniture and other goods (3.7 percent). On a seasonally adjusted monthly basis, industrial production fell 1.2 percent, after a 2.9 percent advance in June. source: Instituto Nacional de Estadística y Censos (INDEC)
Industrial Production in Argentina averaged 2.09 percent from 1995 until 2022, reaching an all time high of 56.10 percent in April of 2021 and a record low of -33.20 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 September of 2022.
Industrial Production in Argentina is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Industrial Production is projected to trend around 1.50 percent in 2023 and 2.00 percent in 2024, according to our econometric models.