Macroeconomic indicators - Argentina industrial production up by 8pct YoY in June
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Wednesday, 27 Jul 2011
According to statistics, Argentina's industrial production in June 2011 has increased by 8.5% YoY.
It is analyzed that the automotive and raw steel production contributed to the country’s manufacturing growth.
The report showed that the country’s automobile production totaled 80,795 units in June, increased by 24% YoY. At the same time, its raw material output soared by 11.7% YoY to reach 470,000 tonnes.
Meanwhile, the manufacturers' capacity utilization rates were 76.2% in June 2011, similar to the level in May.
(Sourced from www.yieh.com)
