Industrial production in Argentina advanced 4.5 percent year-on-year in November of 2020, following a revised 3.1 percent drop in the previous month. It was the strongest growth in industrial activity since February of 2018, as output rebounded for motor vehicle manufacturing (15.3 percent vs -9.2 percent in October) and food, beverages & tobacco (4.3 percent vs -2.5 percent). On a seasonally adjusted monthly basis, industrial production rose 3.5 percent, after a revised 1.5 percent drop in the prior month. source: Instituto Nacional de Estadística y Censos (INDEC)

Industrial Production in Argentina averaged 1.40 percent from 1995 until 2020, reaching an all time high of 24.60 percent in March of 2003 and a record low of -33.34 percent in April of 2020. This page provides the latest reported value for - Argentina Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Industrial Production in Argentina is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Argentina to stand at 1.00 in 12 months time. In the long-term, the Argentina Industrial Production is projected to trend around 1.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Argentina Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
4.50 -3.10 24.60 -33.34 1995 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-10-07 07:00 PM Aug -7.1% -6.6% -5.5%
2020-11-05 07:00 PM Sep 3.4% -7.1% -6%
2020-12-09 07:00 PM Oct -2.9% 3.4% 1.8%
2021-01-07 07:00 PM Nov 4.5% -3.1% -4%
2021-02-04 07:00 PM Dec 4.5%
2021-03-04 07:00 PM Jan
2021-04-08 07:00 PM Feb
2021-05-06 07:00 PM Mar


News Stream
Argentina Industrial Output Grows the Most Since 2018
Industrial production in Argentina advanced 4.5 percent year-on-year in November of 2020, following a revised 3.1 percent drop in the previous month. It was the strongest growth in industrial activity since February of 2018, as output rebounded for motor vehicle manufacturing (15.3 percent vs -9.2 percent in October) and food, beverages & tobacco (4.3 percent vs -2.5 percent). On a seasonally adjusted monthly basis, industrial production rose 3.5 percent, after a revised 1.5 percent drop in the prior month.
2021-01-07
Argentina Industrial Production Drops in October
Industrial production in Argentina fell 2.9 percent in October of 2020 after rising 3.4 percent in the previous month. Growth was mainly dragged by textiles (-20.7 percent vs -20.6 percent), oil refinery (-3.5 percent vs 7.4 percent), food, beverages & tobacco (-2.7 percent vs 6.1 percent), and motor vehicle manufacturing (-11.3 percent vs 5.3 percent). In contrast, machinery & equipment grew 7.1 percent after a 7.5 percent rise in September). On a monthly basis, production dropped 2.5 percent after expanding 4.3 percent.
2020-12-09
Argentina Industrial Production Rebounds 3.4% YoY
Industrial production in Argentina rebounded 3.4 percent in September of 2020 after declining 7.1 percent in the previous month, expanding for the first time since December. Growth was mainly driven by machinery & equipment (7.5 percent), oil refinery (7.4 percent), food, beverages & tobacco (6.1 percent), and motor vehicle manufacturing (5.3 percent). In contrast, production of textiles fell 20.6 percent and of non-metalic minerals 7.0 percent. On a monthly basis, production expanded 4.3 percent after declining 0.6 percent, booking its fastest growth pace in four months as the recovery from lockdowns continues.
2020-11-05
Argentina Industrial Production Drops Further in August
Industrial production in Argentina fell 7.1 percent over a year earlier in August 2020, after dropping a downwardly revised 6.6 percent in the previous month, amid the coronavirus crisis. Main declines were were seen in textiles (-26.7 percent); vehicles (-19.5 percent); non-metallic minerals (-17.7 percent); other equipment and instruments (-29.3 percent); wood & paper (-3.1 percent); and food & beverages (-4.8 percent). In contrast, production rose for oil, chemicals & plastic (3.3 percent) and furniture & other manufacturing (10.2 percent). On a seasonally adjusted monthly basis, output dropped 0.9 percent.
2020-10-07

Argentina Industrial Production
In Argentina, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.