Thus, the data corresponding to the first quarter show that the industry reached a rate of recovery of 3.1% in the year-on-year comparison.
In the quarter and in the comparison with the same period of 2021, the automotive industry led the growth ranking with a year-on-year improvement of 20.5%, followed by the production of paper and cellulose (11.3%), metalworking (8.9%)chemical and plastic inputs (6.6%) and non-metallic minerals (4.5%), and the production of textile inputs (2.1%) was below the industry average.
The branches of food and beverages (+0.2%) and basic metal industries (-0.4%) reached a production level similar to that of the first quarter of the previous year.
Oil production (-2.7%) and cigarette shipments (-9%) were on the negative path.
In the quarter, the growth ranking of industrial production grouped by type of goods was led by durable consumer goods (+17.6%); The production of intermediate-use goods advanced 1.8% compared to the same period in 2021, while capital accumulated a moderate improvement (1.1%).
Finally, the production of non-durable consumer goods -food, beverages, tobacco products- accumulated a decline of 1.1% in the interannual comparison.
Source: Ambito

David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.