Industrial production in Argentina rose 4.7 percent year-on-year in April of 2022, accelerating from an upwardly revised 3.7 percent increase in the previous month. Industrial growth was driven by textiles, leather, & footwear (40.4 percent); vehicles and parts (25.1 percent); machinery & equipment (21.9 percent) and rubber & plastic products (15.5 percent). On the other hand, basic metal industries declined 21.9 percent. On a seasonally adjusted monthly basis, industrial production surged 5 percent, after a 4.9 percent slump in March. source: Instituto Nacional de Estadística y Censos (INDEC)
Industrial Production in Argentina averaged 2.03 percent from 1995 until 2022, reaching an all time high of 56.10 percent in April of 2021 and a record low of -33.20 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 June of 2022.
Industrial Production in Argentina is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Industrial Production is projected to trend around 1.50 percent in 2023 and 2.00 percent in 2024, according to our econometric models.