The use of the The industry’s installed capacity was 61.0% in Octoberwhich represents a decrease of 2 percentage points compared to the same month of 2024 (63.0%) and 0.1 compared to September (61.1%), according to the National Institute of Statistics and Censuses (INDEC).
The production of Textile products recorded the largest year-on-year decline with a utilization rate of 32.5% compared to 47.8%. in October last year. In contrast, the share of petroleum refining rose from 79.1% to 82.2%.
The sectoral blocks whose installed capacity utilization ratio was above the general level were Petroleum refining (82.2%), base metal industry (71.1%), Food and beverage products (68.7%), chemical substances and products (63.6%) and paper and cardboard (62.3%).
Industry and construction recorded monthly declines in October
For their part, these were the sectors that were below the general level non-metallic mineral products (60.5%), automotive industry (56.1%), Publishing and printing (53.2%), metal processing other than automobiles (48.2%), tobacco products (42.9%), rubber and plastic products (42.6%) and textile products (32.5%).
The sectors that fell the most
The largest negative incidents compared to the same month last year were observed in the production of paper and cardboard as well as rubber and plastic products. The Paper and cardboard production had a utilization of installed capacity of 62.3% in OctoberIn 2024 it was 72.9%, mainly due to lower production of paper and cardboard for containers and packaging.
In October, rubber and plastic products recorded an installed capacity utilization rate of 42.6%, lower than the same month in 2024 (48.9%).as a result of lower production of plastic products and tires.
From CEPEC they claim that the INDEC figures prove this “An industry that doesn’t go backwards, but neither makes a breakthrough.”
“October practically repeats the levels of September and confirms a scenario in which internal demand remains the main constraint, while momentum continues to be concentrated in a limited group of more dynamic sectors,” they add.
LM
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