The industry grew 6% in April

Productive activity, measured based on energy consumption, grew 6% in April compared to the same month of 2019. However, the advance index of industrial activity contracted 2.9% on a monthly seasonally adjusted basis concerning March.

Private banks lead in loans for productive investment with $4.38 bn

Banks assisted more than 98,000 MSMEs for a total of 411,678 million pesos ($4.38 billion) in the first six months of the program. The loans granted represent 8.7% of private sector deposits in pesos. The total amount disbursed by banks is equivalent to more than 15% of the monetary base, according to information from the Argentine Banks Association (ADEBA).