Is the increase in first quarter, in contrast, lowered the food and beverage sector
Manufacturing activity registered a rise of 11.4 percent in the first quarter, according to a report from the Center for the Study of the Union Industrial Argentina (UIA).
The increase is focused on the automotive and metals.
In March, the increase was 12.8 percent versus the same month of 2009.
"The industry continued to exhibit signs of recovery during the month of March," the report of the UIA, which also notes that "The first quarter ended with a growth of 11.4 percent."
The CEU of the entity that presides Hector Mendez said that "the strong inter-annual growth recorded since December 2009 should be read bearing in mind that the quantities produced in the months to serve as a basis for comparison were the hardest hit by the crisis."
"The severity of the impact that production fronted shows to see that only after five months of expansion recorded amounts are reached 2008 levels," said the study.
The UIA report added that "once again highlighted the contributions of the automotive and steel industry."
Recovery
Both items, detailed the CEU, "experience a recovery path since the second half of last year."
"In March the automotive industry ranked by 39 percent over the same month of 2009, while basic metals production registered a rise of 61.1 percent," the report added.
If you do not take into account the automotive and metals, according to the report, "the rest of the industrial blocks verified in March an annual variation of 5.6 percent.
In particular, in March highlighted the evolution of non-metallic minerals, chemicals and paper and cardboard.
The other sectors, said the manufacturing entity, "also showed increases, with the exception of food and beverage industry, which again showed a negative change, albeit to a lesser extent than in previous months."
Smaller drop
This softening of the decline was because "the decline in oil milling was lower, a trend that is expected to continue in the future, given the expected better harvest and also because" there were rises in subsectors such as red meat, poultry , and in beverages and soft drinks, among others, "the report said.
"Although this figure is below the aggregate 12.8 percent in March, the trend is positive and gradually increasing," continues the study of the UIA.
For its part, the seasonally adjusted monthly change showed an increase of 0.2 percent over last February, moderating its expansion after the ups and downs of the first two
months due to holiday breaks and stops for plant maintenance in the automotive and steel .
12.8%
Growth
The percentage of increase of level of industrial activity in March. From February, the rise was 0.2 percen
