In February there was an improvement in industry and construction indicators

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In February, the level of activity in the industry registered an increase of 8.7% relative to the same month last year, while Construction was marked by an improvement of 8.5%, as reported today by the National Institute of Statistics and Censuses (INDEC).

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In addition, the manufacturing sector showed an increase in 4% relative to January and Construction an advance of 1.7% over the same period. With these increases, in the first two months of the year, the industry accumulated growth of 3.9% year-on-year, and construction, 1.5%.

In the case of the Manufacturing Industrial Production Index (IPI), the 4% l increase was marked by a recovery in manufacturing activity, after it was affected in January by various factors such as technical stoppages, staff problems due to Covid ignition and energy. supply problems due to heat wave, among other reasons.

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For its part, the improvement in Construction indicates a return to the growth path, after a 5% drop registered last January. On the other hand, according to data released by the official body, jobs in this segment rose 20.1% year-on-year last January, to 403,924.

According to a report by Grupo Construya, which brings together companies that manufacture and sell construction materials, sales of these products were experienced last February a year-on-year increase of 10.5% and an increase of 11.15% relative to last January.

“The positive numbers explain that the aggregation of shipments has been maintained since Construction it is the preferred refuge of value against the ongoing inflationary process and the progress of permits issued for residential activities is beginning to be observed, ”Grupo Construya said.

Source: Clarin

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