According to an important indicator from the Secretariat of Economic Policy, which depends on the Ministry of Economy, investments fell again in the second half of the year.
Imports of productive capital goods (PCG) During the second quarter they reached US$1.799 billion, which represented a year-on-year drop of 17.5% and a 6.6% drop compared to the first quarteraccording to data from the Secretariat of Economic Policy of the Ministry of Economy. The last 6 quarters have seen purely negative year-on-year variations.
The productive capital goods import monitor (BKP) allows to approximate the investment made by the different productive activities. The capital goods included are classified into three broad categories: general-use capital goods, specific-use goods and goods linked to transportation.
Disaggregated data, 38% of BKP imports were specific-use goodsthat is, equipment demanded by a particular branch of activity; 31% to general-use BKP, transversal to all sectors, while the remaining 31% to BKP associated with transport.
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At the product level, the following were highlighted: Imports of aircraft and spacecraftmotor vehicles for the transport of goods, centrifuges, tractors, machines and mechanical devices with their own functions, air pumps and laboratory equipment. Aircraft and spacecraft led the ranking, registering a year-on-year change of 59%.
Source: Ambito
