Argentina Factory Output Extends Decline

Argentina’s manufacturing output contracted 3.2% year over year in August 2026, following a 4.9% decline in July. Output fell in 11 of the 16 manufacturing divisions.

The sharpest contractions were recorded in:

Machinery and equipment (-24.0%) Other equipment, appliances and instruments (-20.6%) Apparel, leather and footwear (-14.7%) Tobacco products (-14.3%) Motor vehicles, bodies, trailers and auto parts (-8.8%) Textile products (-9.4%) Metal products (-9.6%) Rubber and plastic products (-7.0%) Non-metallic mineral products (-6.8%) Furniture, mattresses and other manufacturing industries (-5.1%) Food and beverages (-0.2%)

These declines were partially offset by gains in:

Other transport equipment (12.1%) Petroleum refining, coke and nuclear fuel (4.7%) Chemicals and chemical products (4.0%) Basic metals (3.3%) Wood, paper, publishing and printing (2.3%)

On a month-over-month basis, the overall manufacturing index rose 1.9%.