Argentina has 39.5% of its industrial capacity idle

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BUENOS AIRES (Sputnik) – The Argentine industry used 60.5% of its capacity in August, 2.5 percentage points less than in the same month of 2018, so it left 39.5% of its power unused, the National Institute of Statisticians and Censuses reported in a report.

"The use of installed capacity in the industry is located at 60.5% in August 2019, lower level than in the same month of 2018 (63.0%)", so the idle capacity was 39 , 5%, the agency said in a report.

In addition, the National Institute of Statistics and Census (INDEC) reported in a report that residents in Argentina reduced their trips abroad by 14.3% between January and August this year, with a total of 2.8 million departures.

"In the eight months, the departures totaled 2,800.9 thousand resident tourists and accumulated an interannual fall of 14.3%," detailed the work of the official entity.



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