In a statement, ADMIRA indicated that the drop in the seventh month of the year was influenced by the performance of the machinery sector agricultural, and highlighted that, “without this sector, the production increased 1.7% in interannual terms.”
For its part, the use of the installed capacity, which in July was 54.7%, remains below the average for the current year (54.9%) and 3.5 percentage points lower than in the same month of 2022.
Metallurgical industry: the most affected sectors
ADMIRA also specified that in the analysis by sector The increase in foundry (5.6%), medical equipment (5.4%), electrical equipment (5.8%) and capital goods (1.9%) stood out.
On the other hand, the sectors of agricultural machinery (-17.6%), auto parts (-5.1%), other metal products (-2.6%) and bodies and trailers (-0.8%).
At the provincial level, Santa Fe continues to register negative variations (-6.1% year-on-year) due to the strong influence of the agricultural machinery sector, ADMIRA stressed.
Meanwhile, the provinces of Buenos Aires (3.3%) and Córdoba (3.7%) They are at the forefront with good performance, in the Buenos Aires case of the foundry, medical equipment and electrical equipment and appliances, and in the case of capital goods in Córdoba.
Mendoza and Entre Ríos They also maintain positive interannual variations: during July, the first grew 2.6% and the second, 1.7%, with capital goods having had a positive influence.
Source: Ambito
