Argentinian industrial output in August rose 13.8 percent, year-over-year, said statistics agency, Indec.
According to government data, industrial output in the local automotive sector in August grew 34.8 percent, also on a year-over-year basis.
According to government data using an Indec qualitative survey, which measured the expectancies of the industrial segment for the September-November 2021 period, on a year-over-year basis, 45.8 percent said domestic demand would remain stable. Another 31.3 percent said domestic demand in September-November would increase, while 22.9 percent expect domestic demand in the same period to decline.
Out of the interviewed exporting companies, 51.5 percent forecast a stable September-November period, while 27.5 percent believe exports will increase on a year-over-year basis. On the other hand, 21 percent expect exports in September-November will decline, also on a year-over-year basis.