The manufacturing sector experienced significant challenges in July, exacerbating the ongoing crisis that has persisted since the introduction of President Javier Milei’s austerity plan. Official data from the statistics bureau INDEC indicates that industrial activity experienced a decline of 4.9% year-over-year in July. Cumulative decline in 2026 is recorded at 3%. The most alarming figure, … Read more
One of the industries most severely impacted since President Javier Milei assumed office, the manufacturing sector is continuing to fall. Research firm Orlando Ferreres & Asociados reports that industrial activity in July experienced a decline of 0.4%. This decline has accelerated over the first seven months of the year, with activity now 2% below the … Read more
Three years into Javier Milei’s presidency, a significant portion of the Argentine economy continues to lag behind the levels of activity and consumption observed prior to his arrival at the Casa Rosada, a situation that appears to be causing concern within the economic team. Even so, the government has consistently rejected the notion of the … Read more
Industrial activity demonstrated notable enhancement in June. Data from the statistics institute INDEC, released on Friday, indicates that the sector experienced a month-over-month growth of 0.9%, marking the second consecutive monthly increase, and a year-over-year growth of 2%. The most significant monthly increase was observed in oil refining, chemicals, rubber, and plastic products at 4.4%. … Read more
Argentine Industrial Union President Martín Rappallini responded sharply to Economy Minister Luis Caputo following the minister’s severe critique of domestic industries regarding their product pricing. Rappallini remarked that such comments do not “foster the dialogue so desperately needed” during a period of declining industrial activity. Caputo made the remarks last Wednesday while defending his economic … Read more
President Javier Milei understands more than anyone that the paramount objective in life is to steer clear of unforced errors. It is noteworthy that the application of that rule to the case of Manuel Adorni, his now former Cabinet Chief, was delayed significantly. Adorni’s rags-to-riches narrative captivated the public for more than three months, ultimately … Read more
The winter cold snap and the conflict in the Middle East have converged to produce a dire situation for Argentine industry. As residential gas demand escalates and import prices increase, numerous companies confront the possibility of halting operations, raising alarms throughout the manufacturing sector, as reported. Most small and medium-sized manufacturers that depend on gas … Read more
In March, the Argentine industry exhibited a notable recovery, marking its first year-over-year increase in nine months, with a rise of 5%. According to the Industrial Production Index published on Thursday by the statistics institute INDEC, activity experienced an increase of 3.2% relative to the preceding month. This favorable data mitigated the declines that Argentina’s … Read more
