Argentine industrial output fell 4.9 pct in May from yr-ago, as forecast

miércoles 25 de junio de 2014 15:05 GYT

BUENOS AIRES, June 25 (Reuters) - Argentina's industrial production fell 4.9 percent in May on the year in seasonally adjusted terms, the government said on Wednesday, marking the 10th consecutive monthly decline due largely to weakness in the automobile sector.

The figure was in line with the median forecast in a Reuters poll of economists.

Industrial production slipped 0.2 percent in May from the previous month in non-seasonally adjusted terms, the government added. (Reporting by Buenos Aires newsroom; Editing by James Dalgleish)