Latest / Argentina News Today | 2 Min News | The Daily News Now!
Argentina’s Manufacturing Crisis Deepens | Argentina News
Argentina’s manufacturing sector is in freefall, with July industrial output down 0.4% and year-to-date production 2% lower than last year. The automotive industry is hit hardest, down 6.8%, while exports—especially to Brazil, Argentina’s top trade partner—plummet. Wages for private workers have dipped below pre-Milei levels, and nearly 1,700 factories have shut down since the new administration took office. Manufacturing ranks fourth in job losses, with 39,000 positions gone. Without a boost in household income and consumer spending, recovery for struggling sectors looks unlikely. Listen in…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.