In the context, when the United States closes, the tariffs and the world that has the opportunity to transfer the recession, the weak situation of Argentina, as a long -standing country, with a small competitive exchange rate and without an endless tax load, is like an ideal scenario of a terrible film for the local industry. This combination is added to another fact that should be taken into account, and this is perhaps the most decisive: Javier Miley.
The president has always been determined by the economic plan that is applied. To give an example, they do not need to feel the surprise of industrialists if imported tariffs are reduced.
Import
The report of the Argentinean Industrial Union (UIA) states that, despite forecasts, industrial activities in March showed an inter -year improvement and falling by 1.5% compared to February.
Nevertheless, something no less should be taken into account. Intergouring comparison with March 2024 will suffer from the worst month of last year’s industry. Similarly, a decrease against February is explained for less working days and stops determined by some plants. The report indicates that industrial activity “remains at levels similar to the average indicators over the past five months, with heterogeneous indicators at the sector level.”
In this regard, the report states that “the good productivity of the elimination of agricultural currencies (25.2%) was represented, as well as patented industrial equipment (61.2%)”.
The NA news agency added that “in turn, the sector related to construction also showed growth, to a large extent, from a low level of comparison, this is the case of cement offices (17.1%). In the same line, steel production increased by 37%and to a lesser extent production of aluminum, 1.9%. ”
On the other hand, the production of the automobile sector introduced a decrease (- 3.7%), affected by a less working day and stops at factories due to industrial update. Because of this situation, export to Brazil went down (-17.5%). On the contrary, import from a neighboring country continued (43.3%).
“While certain improvements began to observe, within the framework of the industry, the industry heterogeneity continues, among other factors, with greater competition against the import of finished products,” the report said.
Does the Argentinean industry correspond, given this panorama? Does the government consider it necessary? These are two questions that now, it seems, do not have a certain answer.