ARGENTINA: Textile industry leads industrial output growth

BUENOS AIRES: Argentina's industrial output grew in May from April at the fastest pace in three months; it was led by the textile and pulp and paper industries; the National Statistics Institute reported in Buenos Aires on June 16.

Industrial production rose a seasonally adjusted 0.9 percent in May from April and 7.3 percent from the same month last year.

Argentina's economy, the second biggest in South America, is heading to its fourth straight year of economic growth after expanding more than 8 percent in each of the past three years.

Economists say companies need to boost investment to avoid a slowdown of the economy.

The country needs to encourage investment to expand the company's production capacity, otherwise there will be bottle neck that will affect the future indicators; Bertrand said.


Send your News/Releases for publication to [email protected]
Added: June 19, 2006 Source: Agencies
Start script - 1545171071.1388 Start news id check - 1545171071.1389 After news id check - 1545171071.1393 After cookie_code - 1545171072.6201 Before news detail - 1545171072.6201 After news detail - 1545171072.6209 Start cat select - 1545171072.621 After cat select - 1545171072.6212 before preg replace - 1545171072.6213 After preg replace - 1545171072.6213 Before tag engine - 1545171072.6213 After tag engine - 1545171072.6289 Before mptt engine - 1545171072.6289 After mptt engine - 1545171072.6289 Before related engine - 1545171072.6289 After related engine - 1545171072.6325 Before update hits - 1545171072.6326 After update hits - 1545171072.6328 After update news_hits - 1545171072.6372 After mem_only_views - 1545171072.6372 -------------------------------------------------- Total Exec time:- 1.4984002113342
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 18-12-2018