Footwear and leather production declined
The National Institute of Statistics and Censuses (INDEC) reported that the manufacturing industrial production index showed cumulative declines through November 2024 in the footwear and leather sectors.
Footwear and its components recorded a 14.3% drop compared to the previous year’s cumulative total. Meanwhile, the tanning and leather goods segment, excluding garments, experienced a 9.4% decline.
These figures were provided by the National Directorate of Economic Statistics, INDEC and the Directorate of Mining, Manufacturing, Energy, and Construction Statistics.