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October 30, 2014
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Industrial production drops 1% in July

The automobile sector fell 30.3% in July.

The Monthly Industrial index published by state-run INDEC statistics bureau revealed industrial production dropped 1 percent in July compared to the same month last year.

This is the 12th consecutive monthly decrease in the sector.

Manufactured goods production dropped 0.1% in July compared to the same month of 2013, while the automobile sector fell 30.3% inter-annually.

Meanwhile, construction works also decreased in July, dropping 2% compared to the same month last year.

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Tags:  Industrial production  July  INDEC  construction  manufactured goods  automobile sector  





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