Overview
- Grupo Construya’s index showed a seasonally adjusted 7.1% drop in November and a 5.5% fall versus a year earlier, though January–November posted a 6% gain.
- Mendoza’s Red Edificar price index rose 1.83% in November, marking a second month of deceleration after October’s 1.47% increase.
- Despite the recent easing, the Red Edificar gauge is up 24.21% so far in 2025, keeping project costs elevated and margins under pressure.
- Official ISAC data for October showed a 0.5% monthly contraction but an 8% year-over-year rise and 7.9% growth for January–October, underscoring mixed readings.
- Grupo Construya attributed the slowdown to financial volatility and bouts of adverse weather, and said lower rates with returning credit would improve prospects.