Industrial activity soars 9.3% in Argentina led by the auto production

Tuesday, August 16th 2011 - 06:06 UTC

Full article 3 comments

Argentina's industrial activity in June rose 9.3% on the year led by automobile production, according to manufacturers association UIA (Argentine Industrial Union). Read full article

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Bubba
This is just filling in the gaps in Brazilian production capability.
When they get caught up, the the demand for Arg cars and products will disappear.
Aug 16th, 2011 - 11:18 am - Link - Report abuse 0
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hipolyte
nope, today all the people can have a new car, you are wrong.
Aug 17th, 2011 - 12:18 am - Link - Report abuse 0
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GeoffWard2
#2
If the cost of buying a car increases faster than food inflation, general inflation and wage inflation, what chance that 'all the people can have a new car'?
If fuel costs are high because gasoline/oil has to be imported and the tax-take on fuel is high, what chance that 'all the people can afford to drive a new car'?

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These 'one-off' Mercopress postings do little to illuminate the context in which percentage movements take place.
If there is a recoupment from inflation/economic slump/etc, the % figure can look good, but the contextural position would show the economic collapse and fluctuating recuperation.
The underlying situation can still be catastrophic even when a percentage 'improvement' occurs.
The Economist uses graphs and time-series analyses to show the bigger picture. Perhaps Mercopress could do a little better.
Aug 17th, 2011 - 09:53 am - Link - Report abuse 0
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