Industrial activity: follow the free fall | Chronic

Industrial activity fell by 9.4% last November compared to the same month in 2017, due in particular to the negative performance of the textile sector, non-metallic minerals and the automobile, according to the report published Thursday by the Center for the Study of the Argentine Industrial Union (UIA).

The report indicates that, in the cumulative figure of the first eleven months of the year, activity decreased by 2.7%, also compared to the previous year, while the decrease was 3.4% compared to the previous year. in the previous month, in seasonally adjusted data.

The month of November is the most pronounced fall in the year-end sector, exceeding that of June (8.4%), but lower than the setbacks of June 2016 (9.9%) and equalizing the result. February 2017, which was also 9.4%, according to the historical series performed by the entity.

The UIA warned that preliminary data from December's industrial production forecast continued a sharp decline, cement shipments being contracted by 17.9%, other building materials by 31, 7% and automobile production of 38.5. % in the interannual reference.

In November, eleven of the twelve sectors badyzed showed declines, including textiles (32.2%), nonmetallic minerals (25.2%), automotive (18.6%) and aerospace. 39; edition were highlighted in double digits. and printing (19.2%), said the work.