Argentina's Industrial Output To Grow 6%-7% In 2012 - Official

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articlenopicBy Online.wsj.com

BUENOS AIRES (Dow Jones)--Argentine industrial production will expand 6% to 7% this year, Industry Minister Debora Giorgi said in a statement Sunday.

That would put industrial growth inline with 2011, when it rose 6.5%, according to the national statistics agency, Indec.
 
Industrial output growth slowed sharply in December, with activity contracting in a number of key areas, including the automobile sector. Industrial production expanded 1.4% on the year, and increased 0.9% in seasonally adjusted terms from November.
 
December's annual increase came in below expectations of a... Read Full Article

 

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