Argentina industrial production down in March and in first quarter compared to 2012

Friday, April 26th 2013 - 07:36 UTC

Full article 4 comments

Argentina’s industrial output registered a 0.3% drop in March year-on-year, according to Indec the official statistics bureau. The report stated that the manufacturing activity climbed 1.5% compared to February and dropped 0.4% annually in the first three months. Read full article

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travellingscotsman
please see programme about Argentina's “economic miracle”

www.youtube.com/watch?v=JxATngnqgv8
Apr 26th, 2013 - 10:34 am - Link - Report abuse 0
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ChrisR
Quoting percentages year on year does not help anyone understand the real situation.

On the face of it the auto sector improvement by 18.4% looks stupendous BUT, and there is usually a 'but' with argie figures, it makes no reference to the fact that the auto industry have been on their knees for 12 months and this is chickenfeed to what they need to regain profitability.
Apr 26th, 2013 - 01:14 pm - Link - Report abuse 0
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manchesterlad
Well this is interesting....... for the first time Indec is admitting that industrial production is down & not using the Lorenzino factor of manipulation

Can´t wait for Aprils results now that YPF oil refining in La Plata has been shut down for a month
Apr 26th, 2013 - 02:21 pm - Link - Report abuse 0
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Captain Poppy
http://www.reuters.com/article/2013/04/24/us-argentina-economy-idUSBRE93N11O20130424
Apr 26th, 2013 - 03:54 pm - Link - Report abuse 0
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