The real economy had significant improvements during the last part of the year

The real economy had significant improvements during the last part of the year

He stated that “the real economy had significant improvements during the last part of the year” and indicated that “the construction and the Province were fundamental”.

In addition, he highlighted that “the second semester was a cement production record with more than 6.6 million tons and the Province contributed about 60%”.

“Cement shipments, an indicator of the level of construction demand, had their best historical December and the contribution of the Province was what made the difference. With 476,000 tons, it allowed the Nation to exceed one million shipped in the month”Lopez said.

He later argued that “Another associated industry is steel production and it also broke records in 2021: had its best fourth quarter since 2014 and the province’s participation was very accentuated, with 839,000 tons, which explained around 65% of the national total”.

“The latest data from Indec for December show us that Nationwide construction posted its 14th consecutive month of year-over-year growthsurpassing December 2019 by an appreciable magnitude: 33%”, remarked the official, who analyzed that this accounts for a “remarkable recovery”.

Lopez noted that “production in 2021 exceeded all projections, especially industry and construction“, which are “strategic sectors for national performance, like the Province for housing a large part of its value chains.”

“We are growing with a protagonist Province”, the minister concluded.

Source: Ambito

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