Industrial production in Argentina rose by 1.4% from a year earlier in November of 2022, following an upwardly revised 3.6% increase in the prior month. It was the 10th straight month of expansion, albeit the slowest in the current sequence. Growth was mainly credited to the manufacture of other equipment, apparatus, and instruments (9.4%); clothing, leather, and footwear (8.4%); tobacco (7.4%); and automobiles and transport equipment (7.3%). Meantime, output fell for wood, paper, editing, and printing (-6.7%); textile (-4.6%), and machinery & equipment (-4.6%). Considering the first 11 months of the year, industrial production rose by 5.2% from the same period a year ago. On a seasonally adjusted monthly basis, industrial production rose 0.8%. source: Instituto Nacional de Estadística y Censos (INDEC)
Industrial Production in Argentina averaged 2.12 percent from 1995 until 2022, reaching an all time high of 56.20 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 February of 2023.
Industrial Production in Argentina is expected to be 1.00 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 2.00 percent in 2024, according to our econometric models.