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Industry and construction closed a bad 2024, but they continue to recover

Summary by La Nacion
Manufacturing activity fell 9.4% in the accumulated last year and works dropped 27.4%; however, in December they had a deseasonalized monthly growth of 0.2% and 3.1%, respectively.

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Manufacturing activity fell 9.4% in the accumulated last year and works dropped 27.4%; however, in December they had a deseasonalized monthly growth of 0.2% and 3.1%, respectively.

·Buenos Aires, Argentina
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The National Institute of Statistics and Censuses (INDEC) reported that manufacturing registered a 9.4% decline in 2024, while construction suffered a 27.4% collapse, consolidating a year with strong declines in economic activity. Despite these results, in December the industry showed a slight recovery of 8.4% year-on-year, with a deseasonalized monthly growth of 0.2%. Meanwhile, construction picked up 3.1% compared to November, although in year…

The indexes of construction activity and manufacturing industrial production of Indec sank in the accumulated last year 27.4% and 9.4%, respectively. They threw marginal monthly rises in December, of the order of 0.2% and 3.1%, which are compared to a bad December 2023. The government went out to celebrate these last data, which gave it positive. By 2025 it is expected that both branches will grow in tune with the reactivation of the economy in …

·Buenos Aires, Argentina
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The industry and construction were the two most complicated sectors in 2024. Indec reported that they closed the first year of libertarian management with a fall.While the industry fell by 9.4% in 2024, the construction closed with a collapse of 27.4%. Sector recovery by sector, how the industry ended the 2024 and what is the forecast for the next months IndustryThe industrial activity had its first year-on-year rise in December (8.4%) since May…

·Argentina
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la Nacion broke the news in Buenos Aires, Argentina on Friday, February 7, 2025.
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