FX.co ★ Argentina Industrial Production Declines in January

Argentina’s industrial production contracted by 3.2% year-on-year in January 2026, following a 3.9% decline in December. Ten of the sixteen manufacturing divisions recorded annual decreases. The sharpest falls were seen in machinery and equipment (-20.2%); motor vehicles, bodies, trailers, and parts (-25.7%); wearing apparel, leather, and footwear (-20.6%); other equipment and instruments (-22.1%); rubber and plastic products (-8.0%); metal products (-8.0%); and textiles (-23.9%). Offsetting these declines to some extent were increases in chemical substances and products (7.2%); non-metallic mineral products (4.3%); petroleum refining, coke, and nuclear fuel (2.2%); tobacco products (2.5%); wood, paper, publishing, and printing (0.2%); and basic metal industries (0.2%).