Argentina industrial production plunged 6.8 percent in October 2018 after plummeting 11.5 percent in the previous month. It was the sixth straight drop, mainly explained in October by contractions in all categories excluding oil refining (+8.0 percent vs -11.0 percent in September) and food & beverages (+2.5 percent vs -3.2 percent), the latter mainly nudged by tea (+19.4 percent), dairy products (+9.6 percent), and red meat (+8.6 percent). Among decliners, sharp contractions were observed in textiles (-23.4 percent) and metalworkings (-21.3 percent). Also, vehicle production declined 10.8 percent. Considering the first ten months of 2018, industrial activity shrank 2.5 percent compared to same period of the previous year. Industrial Production in Argentina averaged 2.16 percent from 1995 until 2018, reaching an all time high of 24.60 percent in March of 2003 and a record low of -22.30 percent in March of 2002.

Industrial Production in Argentina is expected to be -3.00 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 1.20 in 12 months time. In the long-term, the Argentina Industrial Production is projected to trend around 1.30 percent in 2020, according to our econometric models.

Argentina Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-04 07:00 PM Industrial Production YoY -5.7% -8.1% -6% -0.6%
2018-10-04 07:00 PM Industrial Production YoY -5.6% -5.7% -4.0%
2018-11-06 07:00 PM Industrial Production YoY -11.5% -5.6% -5.3%
2018-12-04 07:00 PM Industrial Production YoY -6.8% -11.5% -15%
2019-01-03 07:00 PM Industrial Production YoY -6.8% -5.0%
2019-01-31 07:00 PM Industrial Production YoY -3.0%
2019-02-28 07:00 PM Industrial Production YoY


Argentina Business Last Previous Highest Lowest Unit
Industrial Production -6.80 -11.50 24.60 -22.30 percent [+]
Industrial Production Mom 0.60 -0.70 14.64 -18.30 percent [+]
Capacity Utilization 61.10 63.00 84.10 48.16 percent [+]
Changes in Inventories -14710.00 -10437.00 41160.00 -18977.00 ARS Million [+]
Car Production 36808.00 38659.00 81868.00 4172.00 Units [+]
Car Registrations 33.10 37.21 90.31 4.00 Thousand [+]
Leading Economic Index -4.50 -4.20 6.10 -5.00 percent [+]
Internet Speed 6268.01 6143.90 6268.01 1061.35 KBps [+]
IP Addresses 8203135.00 8099826.00 8203135.00 1688628.00 IP [+]
Steel Production 446.19 434.74 529.00 98.00 Thousand Tonnes [+]
Competitiveness Index 57.49 57.38 57.49 3.76 Points [+]
Competitiveness Rank 81.00 79.00 106.00 70.00 [+]
Ease of Doing Business 119.00 117.00 124.00 112.00 [+]
Corruption Index 39.00 36.00 52.40 25.00 Points [+]
Corruption Rank 85.00 95.00 109.00 24.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-6.80 -11.50 24.60 -22.30 1995 - 2018 percent Monthly




Country Last Previous
Argentina -6.80 Oct/18
Australia 2.80 Sep/18
Brazil 1.10 Oct/18
Canada 2.76 Aug/18
China 5.90 Oct/18
Euro Area 1.20 Oct/18
France -0.70 Oct/18
Germany 1.60 Oct/18
India 8.10 Oct/18
Indonesia 1.50 Sep/18
Italy 1.00 Oct/18
Japan 4.20 Oct/18
Mexico 1.00 Oct/18
Netherlands 0.80 Oct/18
Russia 3.70 Oct/18
Saudi Arabia 5.84 Jun/18
Singapore 4.30 Oct/18
South Africa 3.00 Oct/18
South Korea 10.70 Oct/18
Spain 0.80 Oct/18
Switzerland 1.40 Sep/18
Turkey -2.70 Sep/18
United Kingdom -0.80 Oct/18
United States 4.10 Oct/18


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