Argentina Jan industry output sinks 4.4 pct on year

Newswire

BUENOS AIRES, Feb 23 (Reuters) - Argentina's January industrial production plunged 4.4 percent from a year ago, marking its first decline since October 2002 due mainly to sinking automotive output, the government said on Monday. The figure was below the -2.5 percent median forecast given by analysts in a Reuters poll. Their estimates had ranged from 0.0 percent to -7.0 percent. Factory output fell 6.1 percent in January from a month earlier, according to the government's seasonally ...

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