Tag: construction industry

• Saturday, October 24th 2020 - 08:52 UTC

  Argentine Congress discussing fiscal incentives to prop the construction industry

  

  Argentina´s economy ministry said it had sent the country´s Congress a bill to spur construction activity through tax and fiscal incentives, an effort to create jobs and boost investment in an economy ravaged by the coronavirus pandemic.

• Thursday, June 6th 2019 - 08:41 UTC

  Argentine construction industry contracts 7.5% in April and 10.3% in four months

  

  The construction industry in Argentina contracted 7.5% last April, the eighth consecutive month, with an overall drop of 10.3% in the first four months of the year. According to the country's stats office Indec, the Indicator of Construction Activity, during April fell 0.3% from March.

• Thursday, February 7th 2019 - 09:57 UTC

  Argentine construction industry activity in the doldrums

  

  The construction industry in Argentina ended 2018 with a paltry 0.8% growth, and although taking off at the beginning of last year with a vigorous impulse but beginning May, when the financial situation forced the Peso to lose half of its purchasing power, activity started to freeze ending December with a 20.5% collapse.