Cold temperatures, the conflict in the Middle East, and an unsuccessful liquefied natural gas tender pose significant risks to Argentine industries, potentially increasing costs and leaving them without natural gas as winter draws near. The situation arises from local legislation that prioritises households and small businesses over industrial users in the event of a gas … Read more
In March, Argentina’s industrial sector experienced a resurgence, breaking an eight-month trend of year-on-year contractions, as reported. Nevertheless, analysts advised prudence in interpreting the significance of a solitary month’s enhancement. The Industrial Production Index indicated a 0.7% increase in factory output compared to March of the previous year, with seasonally adjusted activity rising by 0.8% … Read more
President Javier Milei recognized that the economic reforms implemented by his administration will unavoidably lead to the “disappearance” of certain economic sectors. His remarks come during a nationwide challenge for the industrial sector, as factories shut down in response to the government’s choice to deregulate the economy and permit an influx of imports. “If you … Read more