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Montevideo, December 13th 2018 - 22:27 UTC

Tag: Manufacturing in Argentina

  • Thursday, December 6th 2018 - 08:45 UTC

    Argentine manufacturing and construction declines during October

    The manufacturing decline was led by sharp falls in the auto industry, textiles, metals, rubber and plastic production, and chemicals

    Manufacturing in Argentina fell 6.8% in October year on year, while construction declined 3.7%, and in the first ten months of this year 2.5% and 4.9% respectively according to the Indec statistics bureau report. Firms were hit hard by a contraction in economic activity and the devaluation of the Peso against the US dollar.

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