Overview

• September shipments in the Construya Index rose 1.08% month on month on a seasonally adjusted basis and 6.5% year on year.
• Cumulative sales for January through September were 6.9% higher than the same period in 2024, according to Grupo Construya.
• Despite the rebound, volumes remained nearly 8% below the June–July peak, pointing to subdued demand.
• Manufacturers warned that high financial volatility and unstable weather continue to weigh on construction and home renovation activity.
• The index tracks private‑sector input sales and excludes national public works, which media reported were widely stalled through May, and it can differ from INDEC’s ISAC, which showed July at +1.4% year on year and −1.8% month on month seasonally adjusted.