Argentina’s industrial production showed a modest improvement at the start of 2026, with the year‑on‑year decline softening in January even as output remained in negative territory. According to data updated on 6 March 2026, industrial production fell 3.2% in January 2026 compared with the same month a year earlier.
The latest figure marks an easing of the contraction from December 2025, when industrial production dropped 4.0% year‑on‑year. Both indicators are measured on a year‑over‑year basis, comparing each month’s performance with the corresponding month of the previous year. While the sector continues to face a downturn, the smaller decline in January suggests that the worst of the contraction may be moderating as 2026 begins.