The Argentine Confederation of Medium-Sized Companies (CAME) released a report saying industries from those companies had shrunk by 26.9% in December last year from the same month in 2022. “The significant depreciation of the currency, the escalation of inflation following the elections, and the changes in import regulations, among other issues, created an environment marked by high uncertainty and a decrease in consumption, factors that hindered production levels in the manufacturing sector as a whole”.
January 22, 2024
SOURCE: MERCOPRESS
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https://en.mercopress.com/2024/01/22/sme-industries-plummet-in-argentina