In January 2024, the Manufacturing Industrial Production Index also showed a negative variation of 1.3% compared to December in the seasonally adjusted series.
The industry suffered a new sharp drop in Januarythe eighth consecutively, plummet 12.4% compared to the same month in 2023, in the middle of a growing economic contraction and rampant inflationThe National Institute of Statistics and Censuses (INDEC) reported this Wednesday.
In January 2024, the Manufacturing Industrial Production Index (Manufacturing IPI) also showed a negative variation of 1.3% compared to December in the seasonally adjusted series.
In turn, the trend-cycle series index registered a decrease of 1.7% compared to the previous month.
The IPIm recorded a decrease of 12.8% in December and fell 1.8% in 2023.
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Source: Ambito
