LatinNews Daily - 07 January 2022

In brief: Argentina’s industry and construction sectors begin to pick up

*Argentina’s national statistics institute (Indec) has released its latest figures on industrial manufacturing and construction, which show that both activities grew year-on-year in November although monthly growth was minimal. The industrial manufacturing index was up 10.1% in November 2021 compared with November 2020 and up 0.5% on the previous month (up from monthly increases of 0.1% in October; -0.3% in September; and -0.5% in both August and July). The construction index was up 8.4% in November 2021 compared with November 2020 although was unchanging on the previous month. However, this followed monthly contractions of -0.4% in October; -0.6% in September; -0.7% in August; and -0.5% in July.

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