The industry, stumbling and without a roadmap
Argentina's industrial sector faces a persistent decline, recording a 3.9% drop in December 2025, marking six consecutive months of downturn.
Argentina's industrial activity has entered a troubling phase, experiencing a significant decline of 3.9% in December 2025, resulting in six months of continuous reduction in output. This data, sourced from INDEC, paints a stark picture of the industrial landscape despite the government's distractions, particularly regarding the inflation metrics for January and the management style of Marco Lavagna. The government's struggles to manage the economy have left the industrial sector without a clear path for recovery, exacerbating existing challenges.
The decline in industrial production can be traced back further, as it had already been decreasing for eleven months from January to November 2024, followed by a nine-month drop during 2023. In total, the industry has faced 35 months of negative growth over the past three years, averaging 11.5 months of decline each year. This trend points to systemic issues within the industrial sector, further complicating the potential for revitalization and growth.
Historical context shows that the struggles faced by the industrial sector are not new, stemming from governmental policies during the administrations of both Mauricio Macri and Alberto FernΓ‘ndez, particularly between 2018 and 2019. As such, current policymakers must address a legacy of economic mismanagement if they hope to reverse the trend and implement effective solutions that will stabilize and potentially rejuvenate the industry moving forward.