Argentina Textile Sector Collapses: 28,800 Jobs Lost, 1,090 Firms Shut Under Milei
Published 14 h ago2 sourcesEvidence: Reported
Argentina's manufacturing production fell 2.6% in the first nine months of 2026, with 11 of 16 industrial sectors contracting and job losses accelerating to 7 per hour. The data signals deepening recessionary pressures, likely weighing on GDP and complicating fiscal adjustment efforts. Uncertainty remains over whether this marks a cyclical trough or structural decline amid policy constraints.
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