Cement and concrete Market in Argentina

An Outlook

In December 2015 the new President of Argentina, Mauricio Macri, received a country in default, with an inflation of 30% and a public debt of US$ 240 billion, the reserves fell from 39,8%, going from US$ 45.511 to US$ 27.383 billion. Under these conditions it is very difficult to revive a stagnant economy, and in the same way, the concrete industry, one year after the change of government, still had an accumulated inflation rate of 39% until October 2016. However, according to the latest data released by the Association of Manufacturers of Portland Cement (AFCP) it was shown that cement consumption in Argentina closed in the last month of the year 2016 with an increase of 0.7% which was the second consecutive rise in a month.

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