Meanwhile, the province of Mendoza (+ 9%) managed to recover the levels prior to the pandemic, but it still remains below the levels of 2019. The province of Buenos Aires registered a growth of 19.8% year-on-year, managing to recover pre-pandemic levels and exceeded late 2019 indicators.
In the subregions of Buenos Aires, “the AMBA presented a year-on-year increase of 20.3%, taking into account that the activity started later than in the rest of the province, while in the interior of Buenos Aires the growth was 18 , 2% compared to September 2020 “.
“The growth in the AMBA was higher because the production in the suburbs took longer to resume production than in the interior of the province,” the report highlighted.
By sectors, ADIMRA highlighted that “a reactive trend is maintained in all the areas that are part of the metallurgical activity“, and those of Agricultural Machinery (+ 26.6%) and Bodyworks and Trailers (+ 25.8%)” register strong increases in year-on-year terms, exceeding 2019 levels, while the rest are already above the pre-pandemic levels “.
The level of employment, an increase of 4.2% was verified in September in relation to that month of 2020 and accumulated an increase of 3.4% so far this year. In addition, “almost half of the companies foresee an increase in their production in the next three months, reflecting an encouraging outlook in terms of short-term expectations,” they indicated.
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