Industry and Construction Fell Sharply in July: the Sectors Most Affected
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The manufacturing industry and construction, two key sectors for employment and GDP, had a bad July. According to Indec, the industry contracted 4.9% year-on-year and 5% compared to June, accumulating a fall of 2.6% in the first seven months of the year. The construction went back 4.5% year-on-year and 4.6% monthly, although it maintains [...]
Official data show a general decline in manufacturing production and in the consumption of building materials.
These are figures published by the Indec. Manufacturing activity showed strong setbacks especially in the area of machinery and only four sectors registered increases.
According to Indec, the index accumulated a decrease of 2.6 per cent over the same period of 2025.
Industrial activity deepened its crisis during July by registering its biggest monthly fall since March 2025 and again approaching the minimum levels reached during the first months of Javier Milei’s government. The Industrial Manufacturing Production Index contracted 5% compared to June, according to the National Institute of [...] The entry The industry recorded its biggest fall in July in 16 months and returned to levels of 2024 was first pub…
Official data showed monthly and year-on-year setbacks, with heavy casualties in machinery, equipment, clothing and materials, while some segments achieved positive results.
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