Industry and Construction Fell Sharply During the Month of July, According to Indec Data
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The latest data from the INDEC showed again that the country’s production scenario is traversed by a strong contraction that impacts on Mendoza. While construction fell 4.5% year-on-year and in the province SMEs are “unemployed”, the industry took a 4.9% back and one of the most affected is viticulture. [...]
The INDEC data showed monthly and year-on-year losses in both sectors. Two private reports warn that behind the deterioration appear the weakness of domestic demand, the pressure of imports, the higher costs, the arrears and the lack of new investment projects. Specifically, industrial production fell 5% compared to June and 4.9% year-on-year, while construction fell 4.6% monthly and 4.5% compared to the same month of 2025.
Industry and construction deepened their decline during July and again showed difficulties in consolidating a sustained recovery. According to the latest data from the National Institute of Statistics and Censuses (Indec), manufacturing industrial production fell 5% compared to June, while construction activity fell 4.6% monthly in deseasonalized terms. The comparison against July 2025 also did not leave positive results. The manufacturing indus…
Both branches of the economic activity recorded setbacks greater than 4.5% in both the monthly and the year-on-year comparison.
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