FX.co ★ Argentina Manufacturing Posts Third Straight Monthly Decline

Argentina’s manufacturing output fell 1.8% year-on-year in September 2026, a smaller drop than the 3.2% decline recorded in August but still the third consecutive monthly contraction. Ten of the 16 industrial divisions surveyed registered decreases. The steepest declines were in machinery and equipment (-26.8%), other equipment, apparatus and instruments (-22%), and wearing apparel, leather and footwear (-5.3%). Further falls were seen in motor vehicles, bodies, trailers and auto parts (-3.5%); furniture, mattresses and other manufacturing industries (-4.9%); fabricated metal products (-4.0%); and basic metals (-1.1%). Output also contracted in petroleum refining, coke and nuclear fuel (-0.8%), food and beverages (-0.1%), and tobacco products (-6.5%). Over the first nine months of the year, cumulative output was 2.6% lower than in the same period of 2025.