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Montevideo, November 14th 2024 - 22:03 UTC

Tag: doldrums

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

    Argentine construction industry activity in the doldrums

    In December compared to a year before construction activity plummeted 20.5%, after a vigorous start. (AP)

    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.