Industrial production in Argentina rose 13.8 percent year-on-year in August of 2021, accelerating from a downwardly revised 12.5 percent increase in the previous month. Industrial growth was driven by food and beverages (7.1 percent); basic metal industries (29 percent); textiles, leather, and footwear (54 percent); machinery and equipment (32.8 percent); and vehicles and parts (34.8 percent). On a seasonally adjusted monthly basis, industrial production went down 0.6 percent, extending a 2.2 percent fall in July. source: Instituto Nacional de Estadística y Censos (INDEC)
Industrial Production in Argentina averaged 1.92 percent from 1995 until 2021, 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 October of 2021.
Industrial Production in Argentina is expected to be 3.00 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 2022, according to our econometric models.