FX.co ★ Argentina Industrial Output Expansion Eases in May

In May 2025, Argentina's industrial output recorded a 5.8% year-on-year increase, moderating slightly from April's 8.5% surge but still marking a continuous six-month growth trend. Out of sixteen manufacturing sectors, thirteen experienced gains compared to the previous year. Notably, the basic metals sector grew by 15.9%, motor vehicles and auto parts increased by 20.9%, furniture and other manufacturing climbed 31.8%, and the wood, paper, and printing industries rose by 13.6%. Other significant increases were observed in non-metallic minerals (16.7%), machinery and equipment (9.5%), rubber and plastics (9.6%), and the food and beverages sector (2.3%). Conversely, the metal products industry saw a decline of 14.6%, petroleum refining and nuclear fuel dropped by 10.1%, and there was a 5.4% decrease in clothing, leather, and footwear. On a seasonally adjusted monthly basis, industrial production maintained its growth, increasing by 2.2%, mirroring April's pace.