Day: June 5, 2020

Beef exports reach 24% of production

In the first five months of the year, beef production reached 1,247,000 tons, an increase of 2.9% over the same period last year. And of the total produced, the domestic market absorbed 75.9%, while the remaining 24.1% was destined for foreign markets, reaching the highest participation since January-May 1995. The market more for $160.8 mn.

Industry sector contracted 33.5% in April

The industry plunged 33.5% year-on-year in April according to data provided Thursday by the INDEC through its Industrial Production Index (IPI). Primary metal industries (contracted by 65.2%), the textile sector (recorded a drop of 79.1%) and the automotive sector (reduced by 100%), were the most affected items.