The manufacturing sector took a heavy hit in July, further prolonging the crisis it has been experiencing since the implementation of President Javier Milei's austerity plan.
Industrial activity fell 4.9% year-over-year in July, with a cumulative decline of 3% in 2026, and a sharp 5% monthly decline.
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Evaluated across 1 reporting source (0% Left · 100% Center · 0% Right)
Historical editorial baseline for Buenos Aires Herald
Multi-factor accuracy index for Buenos Aires Herald and related desks based on verifiable sourcing and editorial standards.
Factuality: High 100%
Ownership: Buenos Aires Herald (Corporate)
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