In October, ten of the sixteen items of the manufacturing industry presented year-on-year increases.
In order of their incidence at the general level, there were increases of 5.1% in “Chemical substances and products”; 2.5% in “Food and beverages”; 14.9% in “Motor vehicles and auto parts”; 15.1% in “Other equipment, apparatus and instruments”; 6.4% in “Basic metal industries”; 6.7% for “Rubber and plastic”; 6% in “Metal products”.
There were also interannual increases of 3.6% in “Non-metallic mineral products”; 2.9% for “Clothing, leather and footwear”; and 3.2% in “Oil refining, coke and nuclear fuel”.
For his part, falls of 5.3% were observed in “Furniture and mattresses and other manufacturing industries”; 1.6% in “Machinery and equipment”; 4.7% in “Textiles”; 1.1% in “Wood, paper, publishing and printing”; 1.3% in “Tobacco”; and 0.8% in “Other transportation equipment”.
INDEC also carried out a survey of expectations among industrial entrepreneurs and 28.9% of those consulted estimated that domestic demand will continue to rise until January, inclusive, against 26.8% anticipating a fall, while 44.3% do not perceive major changes.
Regarding exports, 23% of those consulted considered that they would increase, 23.8% estimated a decline and the remaining 53.2% did not anticipate major changes.
Source: Ambito
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