Argentine industry contracted 5% in July from June, its steepest monthly drop this year

MercoPress. South Atlantic News Agency

Wednesday, September 9th 2026 - 08:59 UTC

Year-on-year, the manufacturing industrial production index fell 4.9% from July 2025, while the trend-cycle series was down 0.9% on the month

Argentina's manufacturing output fell 5% in July from June in seasonally adjusted terms, the sharpest monthly decline so far in 2026, the National Institute of Statistics and Census (INDEC) reported on Tuesday.

Year-on-year, the manufacturing industrial production index fell 4.9% from July 2025, while the trend-cycle series was down 0.9% on the month. The cumulative figure for the first seven months of the year shows a 2.6% contraction. The reading interrupts June's rebound, when activity had risen 2.1% year-on-year.