This was reported by the Department of Economic Studies of the Association of Metallurgical Industrialists of the Argentine Republic (Adimra). There was a great heterogeneity between sectors.
Metallurgical production grew in monthly terms during January. However, there was a setback in employment and a great heterogeneity between the different items.
According to the Department of Economic Studies of the Association of Metallurgical Industrialists of the Argentine Republic (Adimra), the activity of the sector was a 1.2% higher than December. The use of installed capacity decreased in almost five percentage points compared to the previous month, Up to 47.6%although it was located above the level of January 2024.
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Also, in the annual comparison the production increased 2.6%. While agricultural machinery divisions (16.4%) and bodies and trailers (15.3%) were the ones that registered the greatest increase and those that traced the general rise, other important divisions, such as Foundry (-11.9%) and Autopartes (-7.1%) operated in the low.
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The president of Adimra, Elio del Rehe said that “although the indicators show a recovery, It is important to note that the comparison is made on a period of deep contractionwith an accumulated fall of -12.1% in 2024. ” In this regard, he stressed that “to consolidate sustainable growth, it is essential to advance in an agenda that strengthens productivity and systemic competitiveness, promoting solid and balanced industrial integration.”
In the provincial analysis, it is observed that Santa Fe (5.4%) was the region that presented the greatest increase in its production in interannual terms product of the influence of the agricultural machinery sector. For its part, in Entre Ríos, Buenos Aires, Córdoba and Mendoza there were also advances, although more moderate.
Regarding employment, from Adimra registering a fall in year -on -year terms of 1.2% and a slight retraction compared to -0.1%.
Source: Ambito
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