Argentina’s industrial production fell 4.4% year-on-year in August 2025, a sharp reversal from July’s 9.3% rise. The decline was broad-based, affecting food and beverages (-2.4%), tobacco (-9.1%), textiles (-15.3%), clothing and footwear (-15.3%), oil refining, coke and nuclear fuel (-1.6%), chemical products and substances (-1.6%), rubber and plastic products (-1.6%), non-metallic mineral products (-3.9%), basic metallic industries (-3.9%), machinery and equipment (-12.8%), vehicles and vehicle parts (-5.9%), furniture and other manufacturing (-1.0%).