
Argentina’s metalworking sector experienced a significant downturn in 2024, recording a sharp 7.3% year-on-year decline in September.This drop contributes to a cumulative contraction of 14.1% for the year so far. This crucial sector of Argentina’s industrial chain continues to report declines across most of its segments. The downturn affects both the utilization of installed capacity and employment levels.
October 15, 2024
SOURCE: RIO TIMES
MORE COVERAGE:
Argentina’s Metalworking Industry Faces Steep Decline in 2024