After the sharp fall of March, industrial activity improved. However, the recovery of the sector shows an erratic dynamic.
The use of installed capacity of the manufacturing industry rebounded in April, although it ended below 60% for the fifth consecutive month. It happened after the strong fall that the sector had in March.
As reported by INDEC This Wednesday, the industry worked at 58.3% of its maximum potential. The figure was exceeding 54.4% in March, as well as 56.6% of April of last year.
The sector blocks that presented levels of use of installed capacity higher than the general level were oil refining (84.2%)paper and cardboard (67.0%), basic metal industries (63.9%) and food products and drinks (61.5%).
At the other end, below were automotive industry (56.8%), chemical substances and products (56.5%), non -metallic mineral products (56.2%), edition and printing (53.8%), metalworking except automotive (49.3%), tobacco products (45.7%), rubber and plastic products (45.2%) textile products (42.6%).
In terms of interannual variation, The main positive incidents were observed in food and beverage products and metalworking except automotive.
In food there was an increase of 3.6 percentage points (pp) mainly due to Increase in the drinking segment, as well as a greater production of meat, confectionery and dairy products. Meanwhile, in metalworking the advance was 4.8 pp, mostly driven by the higher levels of manufacturing agricultural machinery and domestic use devices.
Source: Ambito
