Recession

Argentina's industrial production dropped 6.1% in November compared to the same month in 2024, according to preliminary data from the Latin American Economic Research Foundation (FIEL), marking the fifth consecutive decline since July. While it posted a slight monthly increase of 0.4%, the sector has accumulated a 0.5% contraction over the first eleven months of the year. This outcome occurs amid an industrial recession that began in February, worsened by a shorter working month.