Construction output in Argentina decreased 5.20 percent in November of 2019 over the same month in the previous year. Construction Output in Argentina averaged 1.16 percent from 2013 until 2019, reaching an all time high of 27.80 percent in October of 2017 and a record low of -24.60 percent in April of 2016. source: Instituto Nacional de Estadística y Censos (INDEC)
Construction Output in Argentina is expected to be -1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Argentina to stand at 0.80 in 12 months time. In the long-term, the Argentina Construction Output is projected to trend around 1.50 percent in 2020, according to our econometric models.