He Industrial Production Index (IPI) of Fell fell into Marzo 1.4% monthly and cut A streak of two consecutive advancesdespite this had an interannual improvement of 1.6%, although from the report they clarified that the improvement is “modest” if it is taken into account that last year the industry had contracted 15.4%, in what was The greatest setback of production since 2020 at the beginning of the pandemic.
In unstacted terms, the industrial production of March registered a monthly setback of 1.4%. “The indicators that allow analyzing the sustainability of the phase have shown a transitory weakeningHowever, the industry continues to study since April 2024 an improvement phase, “they said from faithful.
Thus, they conclude that for this indicator, March registered a monthly fall, while The quarterly frequency data resulted in an impasse in the recovery observed in the second half of last year.
“The realization of plant stops in various sectors in March, explains the cut in the rhythm of progress of the industry, which will be transitory. Given the magnitude of the brake of the activity in the first semester of 2024, the industry should show a greater dynamic in the second quarter of this year,” they explained.
However, they propose that There are challenges of the local and international context -Except for specific activities- to sustain a dynamic of growth similar to previous phases, since in April new production stops are made while it is a short month product of Holy Week holidays.
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Industry: How was the interannual performance
In the month the interannual progress was explained by the contribution of the branch of the food and drinkswithin which there was “good records for dairy”, but a new setback in the vaccine task, lower traction in the production of oils and improvements in the production of drinks.
At the same time, in March he stood out The improvement of non -metallic minerals -For second month- explained by a base comparison effect considering that, so far from 2025, The block activity is stagnanthe reported Fell.
Among the branches that registered a setback in the month, Automobile production faced the adaptation of production lines for the launch of new models, while the production of chemicals and plastics showed generalized fallsin some cases product of scheduled technical stops.
In perspective, “April proposes a challenge to industrial activity starting because it is a short month because of Holy Week holidays,” they detailed.
