The industry recorded a decline of 8.8% in April | Chronic

Industrial production fell 8.8% in April on an interannual basis, was down 12 consecutive months, and contracted 10.6% in the first four months of the year. The construction sector, meanwhile, recorded a 7.5% drop in April compared to the previous year and registered its eighth consecutive month of decline, with a contraction of 10.3% over the last four months. first months of the year.

Both figures come from Indec, which also reported a positive 2.3% change in the industrial manufacturing output index (IPI) in April compared with March, in the seasonally adjusted measure. Industrial qualitative survey, carried out monthly by Indec between companies, showed little optimism and revealed that 36.7% of the companies estimated that the sector would continue to fall between May and June. While 52% of companies believe that the level of activity will not change, only 11.3% of employers surveyed believe it will increase.

Of the sixteen industrial goods that INDEC reports monthly, the largest contraction is in the transportation and motorcycle and motorcycle manufacturing industries, among others, which declined 48.1%. Next come the development of computer, electronic and precision instruments with 24.2% and the production of machinery and equipment with 23.5%.

Construction

As for the synthetic indicator of construction activity (ISAC), it registered a slight decrease of 0.3% in March compared to March. This is a second consecutive decline. Building permit applications from private companies in the 60 most representative municipalities in the country increased by 16.2% in April and 36.5% in April compared with the previous month.

Data on input consumption in industry in April 2019 show a 27.2% year-on-year decrease in floor coverings and coatings, 22.5% of sanitary articles, 16.8% lime, 16.3% of the mosaics, 15.4% in the drywall, 15.2% in the bricks, 8.4% in the asphalt, 7.7% in the paints, 6.7 % in iron and steel and 6.0% in cement.

The interannual increases were 9.4% for plaster, 4.2% for the rest of the inputs (including valves, seamless steel tubes and glbad for construction) and 3.4% for engineered concrete. .