The sectoral blocks that are located below the general level are food products and beverages (64.8%), publishing and printing (61.7%), tobacco products (61.5%), textile products (59.5%) , metalworking except automotive (57.1%), automotive industry (57.1%), and rubber and plastic products (55.4%).
In May 2022, compared to the same month of 2021, the main positive impacts are observed in the basic metal industries, food and beverage products, and the metal-mechanic industry except automotive.
The basic metal industries present an installed capacity use of 85.8%, higher than the one registered in the same month of the previous year (74.4%), mainly related to a greater production of crude steel. According to data from the Argentine Chamber of Steel, production increased by 14.3% year-on-year in May.
Source: Ambito
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