Industrial production in Argentina fell 16.8 percent year-on-year in March 2020, following a downwardly revised 1 percent decline in the previous month and explained by the country’s lockdown to curb the pandemic. Output dropped further for textiles (-35.4 percent vs -8.1 percent in February); non-metallic mineral products (-32.9 percent vs -14.1 percent); furnishings (-26.7 percent vs -14.7 percent); and other transport equipment (-34.0 percent vs -19.1 percent). In addition, output for food & beverages declined 2.6 percent after expanding 4.6 percent in February. On a seasonally adjusted monthly basis, industrial output dropped 17 percent after expanding 2 percent.

Industrial Production in Argentina averaged 1.66 percent from 1995 until 2020, reaching an all time high of 24.60 percent in March of 2003 and a record low of -22.30 percent in March of 2002. 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 June of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

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. Looking forward, we estimate Industrial Production in Argentina to stand at 1.60 in 12 months time. In the long-term, the Argentina Industrial Production is projected to trend around 1.80 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
-16.80 -1.00 24.60 -22.30 1995 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-05 07:00 PM Dec 1.2% -4.5% -3.5%
2020-03-05 07:00 PM Jan -0.1% 1.3% 2.1%
2020-04-07 07:00 PM Feb -0.8% -0.3% -1.7%
2020-05-06 07:00 PM Mar -16.8% -1% -2.5%
2020-06-04 07:00 PM Apr -16.8% -22%
2020-07-07 07:00 PM May
2020-08-05 07:00 PM Jun 0.5%
2020-09-03 07:00 PM Jul


News Stream
Argentina Industrial Production Sinks 16.8% YoY
Industrial production in Argentina fell 16.8 percent year-on-year in March 2020, following a downwardly revised 1 percent decline in the previous month and explained by the country’s lockdown to curb the pandemic. Output dropped further for textiles (-35.4 percent vs -8.1 percent in February); non-metallic mineral products (-32.9 percent vs -14.1 percent); furnishings (-26.7 percent vs -14.7 percent); and other transport equipment (-34.0 percent vs -19.1 percent). In addition, output for food & beverages declined 2.6 percent after expanding 4.6 percent in February. On a seasonally adjusted monthly basis, industrial output dropped 17 percent after expanding 2 percent.
2020-05-06
Argentina Industrial Output Falls for 2nd Month
Industrial production in Argentina fell 0.8 percent year-on-year in February 2020, following an upwardly revised 0.3 percent decline in the previous month. Output dropped further for textiles (-8.1 percent vs -0.3 percent in January); non-metallic mineral products (-14.1 percent vs -7.9 percent); furnishings (-14.7 percent vs -5.6 percent); and other transport equipment (-19.1 percent vs -2.9 percent). Also, production declined for vehicles, bodies, trucks and autoparts (-14 percent vs 8.7 percent); and other equipment (-9.3 percent vs 1.8 percent). Additionally, machinery and equipment output growth slowed (10.9 percent vs 30.7 percent). In contrast, production rose further for food & beverages (4.6 percent vs 4 percent). On a seasonally adjusted monthly basis, industrial output went up 1.2 percent, easing from a 1.4 percent gain in January.
2020-04-07
Argentina Industrial Output Falls in January
Industrial production in Argentina fell 0.1 percent year-on-year in January 2020, following an upwardly revised 1.3 percent gain in the previous month. Output dropped for basic metals (-3.9 percent vs 1 percent in December); wood & paper (-4 percent vs 8.4 percent); textiles (-0.3 percent vs 9.8 percent); and furnishings (-5.3 percent vs 3 percent). Also, production fell further in metal products (-19.7 percent vs -17 percent); clothing (-11.4 percent vs -7.2 percent); and tobacco (-7.1 percent vs -3.7 percent); and output growth slowed in food & beverages (4 percent vs 7.4 percent). Meanwhile, oil refinery gained steam (4.1 percent vs 2 percent); and vehicle manufacturing rebounded (8.3 percent vs -16.4 percent). On a seasonally adjusted monthly basis, industrial output went up 1.5 percent, the same as in the prior month.
2020-03-05
Argentina Industrial Production Rebounds in December
Industrial production in Argentina rebounded 1.2 percent year-on-year in December following a 4.5 percent fall in the previous month. It was the first annual increase since April of 2018 and was mainly nudged by a 7 percent jump in food beverages and tobacco after falling 1.9 percent in the previous month. Furnishing (3.6 percent) and oil refinery (0.2 percent) also booked expansions. In contrast, vehicle manufacturing contracted 14.7 percent, but fell at a much softer pace compared to a 29.3 percent drop in November. On a monthly basis, industrial output rebounded 1.1 percent following a 3.3 percent decline in the prior month.
2020-02-05

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.