Argentina’s industrial output increased by 7.1% year-on-year in January 2025, marking the second month of growth following an 18-month contraction. Although most sectors saw moderated expansion, basic metals continued to decline. Month-on-month, industrial production fell by 1.3%.
In January 2025, Argentina witnessed a notable resurgence in industrial production, with a year-on-year increase of 7.1%. This growth signifies the second consecutive month of expansion following an 18-month period of contraction, although it reflects a slowdown from December’s 8.4% rise.
Most sectors displayed moderate expansion despite prior growth rates. Specifically, machinery and equipment escalated by 10.9% (down from 17.7%), manufacturing showed a 25.1% increase (from 33.4%), and food and beverages registered a 6.6% rise (compared to 8.1%).
The sectors focusing on equipment, devices, and instruments saw significant growth of 50.7%, albeit down from 68.1%. Conversely, basic metals continued to decline, with a reduction of 7.9% compared to a 4.9% contraction previously.
On a positive note, the recovery persisted in oil refining, coke, and nuclear fuel (6.4% increase, up from 4.1%), alongside wood, paper, publishing, and printing, which experienced a rise of 1.1%, a slight improvement from the last month’s 0.3%.
However, on a seasonally adjusted monthly basis, industrial production decreased by 1.3%, reversing the prior month’s 0.2% gain. This indicates a complex industrial landscape as the nation continues to navigate its economic challenges.
Argentina’s industrial sector has shown signs of recovery with a 7.1% year-on-year growth in January 2025, following an extended period of contraction. While many sectors are still expanding, results vary, with notable growth in equipment and manufacturing, contrasted by continued declines in basic metals. Moreover, a monthly decline underscores challenges that persist, indicating the volatility of Argentina’s industrial output amid ongoing economic adjustments.
Original Source: www.tradingview.com
