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grew 6.3% annually in January

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The last January, the industry recorded its best performance in five months, posting growth of 6.3% year-on-year, reported on Wednesday National Institute of Statistics and Censuses (INDEC).

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In addition, the Industrial Manufacturing Production Index (IPIm) of the seasonally adjusted series showed an increase of 0.7% with respect to December, and the trend-cycle series registered a balanced variation with respect to the last month of 2022.

In January 2023, fourteen of the sixteen divisions of the manufacturing industry presented year-on-year increases, led by “Food and beverages”, 9.1%; “Basic metal industries”, 8.9%; “Automotive vehicles, bodies, trailers and auto parts”, 24.8%.

At the other extreme, the divisions of “Chemical substances and products”, 4.5%; and “Other transport equipment”, 3.3%.

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Source: Ambito

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