The industry is wondering where the officials are. Despite issuing invitations, The front lines do not attend events organised by the sector. Absences are recorded in the midst of a complex scenario, Worrying for many sectors of the economyalthough others foresee a recovery or even enjoy growth in the year-on-year comparison.
This was demonstrated by the National Institute of Statistics and Census (INDEC), which revealed that the gross domestic product (GDP) fell 1.7% in the second quarter compared to the first, while it registered the same fall on an interannual basis. In the accumulated, the decrease was of 3.4%.
Some industries suffer more than others
However, the breakdown of the sectors shows a mixed performance. While there are sectors that, on an interannual basis, such as the agriculturethe fishing and mines and quarriesthey went up 81.2%, 41.3% and 6.6% respectively, the industry in the same period fell 17.4%he trade, 15.7% and the Construction marked -22.2%.
In this context, last Thursday was held the 1st Latin American Metallurgical Congress organized by ADIMRA.
The invitations to politics were varied: those attending included the governor of Buenos Aires, Axel Kicillofto the one from the province of Córdoba, Martin Llaryorato the head of the Buenos Aires government Jorge Macriand the Chief of Staff was confirmed, Guillermo Francos.
However, Milei’s official was not present on the day of the event. “There were only the chancellor, Diana Mondinoand Ramiro Vellosofrom the Undersecretariat for Export Promotion, which is diplomatic, not political,” said a source.
The message to the Government at the meeting was clear: progress can be achieved through industry. This idea was shared by all the speakers.
The voice of industrialists
For example, the head of the UIA, Daniel Funes de Rioja, said: “Don’t be mistaken: here no sector excludes any other; neither is the countryside a victim of industry nor is industry a victim of the countryside. We all have to come out here. And I am not answering to anyone, but to my conscience.”
In the same way, Llaryora He stressed that “There are no developed countries in the world that do not value the metalworking industry as one of its pillars.”
A similar situation was recorded at the congress held by the Industrial Federation of Santa Fe (FISFE), in the city of RoldanThe absence of the Government in the city of Santa Fe was extremely noticeable, to the point that “Not even during Macri’s time was there not a single representative of the ruling party“, complained an organizing source, while there were representatives of the PRO and the UCR and local parties.
“We only saw some provincial deputies of the party. This shows that there is no ‘feeling’ or there is no clear industrial policy.“, warns the consulted source.
Why the Government turns its back on the sector
It is that, to tell the truth, those present in Santa Fe did not find “real reason” for an official to be present, after Milei had said that, to protect the industry, “was stolen from the field“what generated”addiction to the state”.
The next event will be in charge of Argentine SMEs Industrialists (IPA), led by Daniel RosatoIt will be in October and although there are still no details, they hope that Francos, for example, will be one of the guests who attends the event.
According to the latest report of the Argentine Industrial Union (UIA), the industry in July rose by 12.8%, while the cumulative figure shows a fall of the same percentage and the interannual figure a fall of -5.8%. The advance data for August indicate a New year-on-year decline and a decrease in the monthly comparisonreversing the improvement of July.
The problems facing the industry
This is because last month the year-on-year decline in shipments of Cement (-26.5% yoy), as well as in the sector Automotive (-18.6% yoy), and electric power from Large Industrial Users (-9.4% yoy), with a mostly downward trend within the sector. Similarly, the double-digit drop prevails in the imports from Brazil (-18.3% yoy).
At the same time, for the 69% of companies respondents, the use of the Installed capacity in July was lower than that considered optimal and most (55.7%) hopes to recover adequate levels only from the second half of 2025.
The latter is what industrialists are relying on to see an improvement in their sector in 2025. The budget proposes a “growth“5% of motorized GDP, among other elements, due to a 6.2% increase in industry.”We have no meetings with the Government, nor do they send signals of an industrial policy. The RIGI, which would drive investment, practically does not include us. I don’t know what they are thinking exactly,” a source from the Santa Fe congress sums up.
Source: Ambito
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