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
Argentina’s economy is at an unusual juncture. In contrast to numerous previous periods in the nation’s recent past, the fluctuations of the U.S. dollar — historically the primary focus of economic discourse — have shifted away from being the focal point of current discussions. Inflation is not either. Although it remains elevated relative to 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
Argentina’s economy contracted for a second consecutive month in May, highlighting a pattern of inconsistent growth as President Javier Milei’s term progresses beyond the halfway mark. Economic activity declined by 0.5 percent from April, falling short of the 0.2 percent increase projected by analysts, as reported by government data released on Wednesday. From a year … Read more
Argentina’s footwear industry is set to lose a significant manufacturing plant that has long been a hallmark of its production landscape. Brazilian footwear company Dass, which produces brands including Nike, Adidas, Umbro, and Asics, will permanently shut its factory in Eldorado, Misiones — the last plant producing Nike trainers in Argentina. The closure will result … 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
The Argentine Industrial Union (in Spanish, UIA) has introduced a bill to Congress designed to solidify collaborations between domestic firms and foreign capital investing in the nation through the Large Investment Incentives Regime, which is President Javier Milei’s primary investment initiative. While the RIGI includes a clause mandating that 20% of the purchases and contracts … Read more
Argentina’s Gross Domestic Product experienced a year-on-year growth of 2.3% in the first quarter of 2026, alongside a 0.7% increase compared to the last quarter of 2025, marking a “new all-time high” for a first quarter, as stated by Economy Minister Luis Caputo. Growth was primarily fuelled by private consumption, which achieved a record high. … Read more
President Javier Milei anticipates that substantial investments in energy and mining will not only redefine the nation’s productive and export landscape but also alter the living conditions of millions of Argentines. Deregulation and State Transformation Minister Federico Sturzenegger, a cabinet member closely aligned with the president’s economic ideas, has articulated this ambition most clearly. Sturzenegger … Read more
