Argentina Industrial Production Contracts Sharply in February

Argentina’s industrial production fell 8.7% year-on-year in February 2026, following a 3.2% decline in January and marking the sharpest contraction since November 2025. Output decreased in fourteen of the sixteen manufacturing divisions.

The largest declines were recorded in:

Textiles: -33.2% Machinery and equipment: -29.4% Motor vehicles, bodies, trailers and parts: -24.6% Other equipment, appliances and instruments: -24.6% Other transport equipment: -19.8% Wearing apparel, leather and footwear: -18.2% Rubber and plastic products: -15.7% Tobacco products: -14.9% Basic metal industries: -12.5% Furniture, mattresses and other manufacturing: -12.3% Non-metallic mineral products: -7.2% Food and beverages: -6.9% Metal products: -5.7% Wood, paper, publishing and printing: -1.5%

By contrast, two sectors recorded growth: petroleum refining, coke and nuclear fuel rose 19.7%, and chemical substances and products increased 3.7%.

On a monthly basis, overall industrial activity contracted by 4.0%.