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.

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Argentina Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-06-09 07:00 PM Apr 4.7% 3.7% -0.9%
2022-07-07 07:00 PM May 11.9% 4.8% 3.3%
2022-08-09 07:00 PM Jun 11.9% 4.6% 5.5%


Related Last Previous Unit Reference
Industrial Production Mom -1.10 2.90 percent May 2022
Industrial Production 11.90 4.70 percent May 2022
Capacity Utilization 68.40 67.50 percent May 2022
Changes in Inventories 865732.00 895690.00 ARS Million Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
11.90 4.70 56.10 -33.20 1995 - 2022 percent Monthly
NSA

News Stream
Argentina Industrial Output Growth at 10-Month High
Industrial production in Argentina climbed 11.9 percent year-on-year in May of 2022, the fastest growth rate since July of 2021 and 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.
2022-07-07
Argentina Industrial Output Growth Accelerates in April
Industrial production in Argentina rose 4.7 percent year-on-year in April of 2022, accelerating from an upwardly revised 3.7 percent increase in the previous month. Industrial growth was driven by textiles, leather, & footwear (40.4 percent); vehicles and parts (25.1 percent); machinery & equipment (21.9 percent) and rubber & plastic products (15.5 percent). On the other hand, basic metal industries declined 21.9 percent. On a seasonally adjusted monthly basis, industrial production surged 5 percent, after a 4.9 percent slump in March.
2022-06-09
Argentina Industrial Output Growth Slows to 3.6% in March
Industrial production in Argentina increased 3.6 percent year-on-year in March of 2022, easing from an 8.7 percent rise in the previous month. Industrial growth was driven by textiles, leather, & footwear (19.1 percent); wood, paper & printing products (7.2 percent); automobiles and transport equipment (5.3 percent); metal, machinery & equipment (5 percent); oil refining, chemicals, rubber & plastic products (3.6 percent); food, beverages & tobacco (2 percent) and non-metallic mineral products (0.2 percent). On the other hand, furniture & other manufacturing declined 3.9 percent. On a seasonally adjusted monthly basis, industrial production went down 1.9 percent, after a 5 percent advance in February.
2022-05-05