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Argentina’s Construction Input Index Up 10% Year Over Year in October, Down 2.2% From September

Grupo Construya attributes the setback to recent financial volatility plus expensive credit.

Overview

  • October 2025 readings from the Índice Construya show a 10.1% year-on-year increase alongside a seasonally adjusted 2.21% month-on-month decline.
  • The group reports that the monthly drop breaks a stretch of short-term stability in shipments to the domestic market.
  • Cumulative sales for January through October 2025 are 7.2% higher than in the same period of 2024.
  • The Índice Construya, which tracks private-sector sales of key building inputs by leading manufacturers, is widely used as a lead indicator ahead of INDEC’s ISAC.
  • Separate ACARA data report 554 agricultural machinery registrations in October, down 20.4% year over year and 10.8% from September, signaling broader investment cooling.