Another Decline for Industrial Output and Construction Activity in April
20 Articles
20 Articles
The real economy again showed signs of cooling during April. According to the latest data released by the Indec, both construction and manufacturing industry recorded declines compared to March, consolidating a scenario of less activity in two of the most sensitive sectors for employment and investment. In seasonalized terms, construction receded 4% compared to the previous month, while industrial production fell 2.1%. The decline was reflected …
Both sectors recorded an annual fall of 2.8% in April, according to the INDEC. Construction receded 4% and manufacturing 2.1% compared to March. Machinery and equipment, textiles and motor vehicles were among the most affected. Read more
In April, productive activity showed a further deterioration, with decreases in both construction and manufacturing, according to the official figures of the National Institute of Statistics and Censuses (Indec). Both sectors recorded an annual decline of 2.8%, consolidating a trend of slowdown. In monthly terms, the picture was also negative: construction went back 4% compared to March, while industry did so by 2.1% in deseasonalized measuremen…
“The data confirm the trend: industrial production is stagnant with a downward trend for more than a year,” explains a report by the Argentine Industrial Union. The rebound that industry and construction showed in March was short. April numbers were again bad, as reflected by the INDEC measurement, and the recovery of both sectors - two of the main job generators - continues to be delayed. In April, the synthetic indicator of construction activi…
The industry and construction are still in a long fall. Both areas of the economy, which provide the largest amount of formal jobs, still do not consolidate a recovery and maintain the oscillating behavior they have experienced for a few months. After falling in February and growing in March, both sectors presented in May [...] The entry Industry and construction are still in a long fall. it was first published in AgendAR.
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