Argentine industrial output falls 0.3 pct in June yr/yr

jueves 31 de julio de 2014 15:07 GYT
 

BUENOS AIRES, July 31 (Reuters) - Argentina's industrial production shrank 0.3 percent in June on the year in seasonally adjusted terms, the government said on Thursday, marking the 11th consecutive monthly decline due largely to weakness in the automobile sector.

Analysts polled by Reuters forecast a 3.8 percent drop during the month, according to the median forecast.

Industrial production grew 2.1 percent in June from the previous month in non-seasonally adjusted terms, the government added. (Reporting By Alejandro Lifschitz; Editing by Diane Craft)