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April Industrial Production, Construction Activity Expected At 2000BST

ARGENTINA
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
  • President Milei and economy minister Luis Caputo will speak at the Latam Economic Forum in Buenos Aires today. Milei is due to deliver the keynote speech at 1615BST(1115ET).
  • On the macro front, April industrial production and construction activity data are due at 2000BST(1500ET). Analysts expect IP to have fallen by 17.0% y/y, from a 21.2% y/y decline the month before. Itaú note that according to coincident indicators, both indices increased on sequential basis in April. They say that the industrial index, published by OJF consulting, increased by 0.7% m/m (sa), while construction activity, according to Grupo Construya, increased by 6.4% m/m (sa).
    • April Construction Activity YoY, prior -42.2%
    • April Industrial Production YoY, est. -17.0%, prior -21.2%
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  • President Milei and economy minister Luis Caputo will speak at the Latam Economic Forum in Buenos Aires today. Milei is due to deliver the keynote speech at 1615BST(1115ET).
  • On the macro front, April industrial production and construction activity data are due at 2000BST(1500ET). Analysts expect IP to have fallen by 17.0% y/y, from a 21.2% y/y decline the month before. Itaú note that according to coincident indicators, both indices increased on sequential basis in April. They say that the industrial index, published by OJF consulting, increased by 0.7% m/m (sa), while construction activity, according to Grupo Construya, increased by 6.4% m/m (sa).
    • April Construction Activity YoY, prior -42.2%
    • April Industrial Production YoY, est. -17.0%, prior -21.2%