Industrial output contraction deepens in September
Argentine industrial production fell 7.3 percent in September compared to the same month of 2015, the INDEC statistics bureau revealed today.
In the first nine months of the year, the contraction of the industrial sector reached 4.6 percent in the year-to-year comparison.
According to the same report, the food industry declined 5.9 percent, the oil refinery 3.3 percent and the car production 22.5 percent. The agrochemical production showed positive results with a 61.6 percent increase.