The anticipated data of the industrial entity reveal an increase in activity. However, it is still below 2023.
The Argentine Industrial Union (UIA) He revealed that the activity of the sector grew 6% in May at the year -on -year level, a figure that accompanies the data of April, which had a rise of 8.5%. The liquidation of agro -industrial currencies, the patenting of machinery, imports from Brazil and car production, among the items that pushed the most.
The industry continues with the bullish rhythm reflected in the first quarter of the year, in the heat of macroeconomic evolution reflected in the increase in Gross Domestic Product (GDP) of 5.8% interannual in the First quarter of 2025. The anticipated data last month relieved by the UIA indicates an approximate rise of six points, contrastable with the drop of 15 points recorded in the same period of 2024.
With these data, the industry accumulated a growth of 6.7%. Anyway, When comparing the percentage with the same accumulated period of 2023, 9.7% is still below.
Item for item, how the industry evolved in May
In disaggregated by item, the brand report that in the sectors linked to grinding, liquidation of agribusiness currencies recorded an interannual rise of 17%, the production of the automotive sector (+25%) and the patenting of industrial machinery (+60%).
The ones also grew Imports from Brazil (+55%) Thanks to the increase in car purchases and agricultural machinery, while exports to the same country increased but to a lesser extent (+4%) largely due to a low export of manufactures of agricultural origin, fuels and energy.
For its part, the consumption of electricity of large industrial users (GUI) remained stable (+0.6%), however its historical minimums for the May month are located.
Source: Ambito
