Mining Production Grew 9.2% in May Driven by Oil and Lithium
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The sector reached a new production record, with strong increases in lithium, shale oil and non-metaliferous minerals.
The sectoral index of the INDEC accumulated an increase of 7.8% in the first five months of the year, attracted by non-metal activity and hydrocarbons, while support services and rocks for construction fell. Argentina's industrial mining activity recorded an increase of 9.2% in May over the same month of the previous year. According to the technical report of the Industrial Mining Production Index (IPI miner) distributed by the National Institut…
The index of industrial mining production (IPI miner) grew 9.2% in May compared to the same month of the previous year. Thus, the cumulative January-May showed an increase of 7.8%, 6.2 percentage points higher than the same period of 2025. In the monthly measurement, however, the increase was lower and progressed 0.4% compared to April. The index series trend-cycle recorded an increase of 0.3% compared to the previous month. Meanwhile, the fishi…
The IPI miner climbed to a new record, but the IPI fishing retreated to minima since February 2025.
Industrial mining production recorded an annual growth of 9.2% in May, according to the Industrial Production Index (IPI) Mining published by the National Institute of Statistics and Censuses (INDEC).In the accumulation of the first five months of 2026, the activity showed an expansion of 7.8% over the same period of the previous year.In monthly terms, the seasonalized series reflected an increase of 0.4% compared to April, which consolidated th…
Mining and oil hit records as fishing deepens its fall The heterogeneity of economic activity was reflected again this Tuesday in the data published by the INDEC.While the energy and mining sector maintained its booming dynamics, driven mainly by oil production, fishing reached minimums of more than a year.On the one hand, the Industrial Production Index (IPI) miner presented in May its third consecutive monthly advance (+0.4%), so the seasonali…
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