In the second month of the year the manufacturing industry operated at 58.6% of its maximum potential.
The manufacturing industry used 58.6% of its installed capacity in February. The figure represented a slight improvement both in monthly and interannual terms.
In February 2024 the industry had worked at 57.6% of its maximum potential, while in January the use of capacity was 58.6%. Only in four months of the Milei era the indicator exceeded 60%.
The most use sectors were oil refining (73.9%), paper and cardboard (68.8%) and basic metal industries, while the lowest levels were observed in Metalworking (44%), rubber and plastic (46.3%) and textiles (46.4%).
In the interannual comparison, the metalworking rises (from 37.3% to 44.0%), driven by the highest production of agricultural machinery and appliances, and in food and drinks (from 58.1% to 62.4%), favored by the increase in soybean grinding and drinking drinks.
The automotive industry (from 47.3% to 54.6%) also improved due to the growth in vehicle production, while oil refining fell compared to 2024 (from 79.2% to 73.9%) due to a lower elaboration of gasoline and diesel.
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The industry improves, but sectoral disparity is maintained
“There is a slight but significant improvement in the use of industrial installed capacity, reflecting a Partial reactivation In sectors such as food, drinks, automotive and metalworking, which could suggest an incipient recovery of manufacturing activity, “values said from Aurum Securities.
“However, he continues Heterogeneity very marked Between sectors given that while some turned out to be above the average, others continue to lag, which would show that the rebound yet, “said the entity.
Last week INDEC reported that In the accumulated of the first bimester the industry improved 6.6% versus the same period last yearalthough the production was lower compared to 2024.
Source: Ambito
