Industrial activity grew 7% year-on-year, but warn of signs of stagnation

The Argentine Industrial Union (UIA) announced its latest survey of manufacturing activity in March, confirming the anticipated trend by private analysts such as FIEL. Although the industrial sector experienced a 7% growth compared to the same month of the previous year, this figure was offset by a fall of 1.5% compared to February of this year. The UIA Center for Economic Studies (CEU) attributes this monthly withdrawal, in part, to the least n…

Industrial activity in March showed an improvement of 7% year-on-year and a fall of 1.5% compared to February, according to the sectoral report of the Argentine Industrial Union (UIA). It should be noted that the year-on-year comparison with March 2024 is impacted by the comparison with last year’s minimum industrial activity point. Likewise, the decrease against February is explained by fewer working days and stops decided by some plants. The r…