Industrial production in Argentina climbed 11.9 percent year-on-year in May of 2022, accelerating from an upwardly revised 4.8 percent increase in the previous month. Growth was mostly stronger in textiles, leather, & footwear (33.0 percent); vehicles and parts (26.3 percent); other equipment, appliances & instruments (24.1 percent); metal products, machinery & equipment (11.8 percent); and non-metallic minerals & base metals (11.7 percent). On a seasonally adjusted monthly basis, industrial production fell by 1.1 percent, following a downwardly revised 2.9 percent advance in April. source: Instituto Nacional de Estadística y Censos (INDEC)
Industrial Production in Argentina averaged 2.06 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 August 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.