The industry showed a slight rebound in August, according to INDEC

The industry showed a slight rebound in August, according to INDEC

“In August 2022, fifteen of the sixteen divisions of the manufacturing industry presented year-on-year increases,” the statistics agency said.

For its part, the index of the trend-cycle series showed a negative variation of 0.2% compared to last Julypointed out the INDEC.

In August, 15 of the 16 divisions of the manufacturing industry presented year-on-year increases, specified the INDEC.

In order of their incidence at the general level, there were increases in 5.7% in “Food and beverages”; 24.2% in “Motor vehicles, bodywork and auto parts”; 6.2% in “Chemicals”; 12.6% in “Machinery and equipment”; 11.6% in “Clothing, leather and footwear”.

There was also an increase in 6.6% in “Basic metal industries”; 10.5% in “Metal products”; 4.7% in “Wood, paper, publishing and printing”; 6.5% in “Non-metallic minerals”; 15.4% for “Textiles”; 9.8% in “Furniture and mattresses and other manufacturing industries”; 6.8% in “Rubber and plastic products”; 7.4% in “Petroleum refining, coke and nuclear fuel”.

Added to this were increases of 13.8% in “Other transport equipment”, and 7.4% in “Tobacco”.

On the contrary, “Other equipment, devices and instruments” marked a decrease of 4.7%, reported the agency.

Source: Ambito

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