The index plummeted after showing growth in May, the only month of the year so far to have a positive value
Industry
Economic activity drops 3.9% in June, industry and construction most affected
As Argentina’s recession deepens, businesses make over 38,000 crisis filings
Industry and construction are the hardest-hit sectors of an employment crisis that’s reaching further than the pandemic
The delegation of industrial chemicals and dyes companies will meet at the Buenos Aires Sheraton on October 2
The UIA manufacturing industry federation’s president said the organization does not agree with the extraordinary bonuses established by the government, but will pay them
Companies say there is ‘total uncertainty ‘regarding who will have to pay
Wholesale import prices have risen by 55 percentage points more than the increase in the official dollar, prompting businesses to use a “mix” between official and blue rates for costs and transactions.
Business community expects the pipeline to transform Argentina into a ‘regional player’ while industry officials hope for new productive hubs.
Factories are being affected by the water’s high salinization levels
Production will start in June at the Exar mining company’s Olaroz-Cauchari project, in Jujuy, an investment of almost US$1 billion.