Argentina’s manufacturing output fell 1.8% year-on-year in September 2026, easing from a 3.2% decline in August but marking the third consecutive month of contraction. Ten of the 16 surveyed divisions declined. The largest drags were machinery and equipment (-26.8%), other equipment, apparatus and instruments (-22%), and wearing apparel, leather and footwear (-5.3%). These were followed by motor vehicles, bodies, trailers and auto parts (-3.5%); furniture and mattresses and other manufacturing industries (-4.9%); fabricated metal products (-4.0%); and basic metals (-1.1%). Output also fell in petroleum refining, coke and nuclear fuel (-0.8%), food and beverages (-0.1%), and tobacco products (-6.5%). Cumulative January–September output was down 2.6% from the same period in 2025.