Buenos Aires, November 27 (NA) -- The overall level of economic activity grew by 4.6% year-on-year in October 2025, confirming the concentration in sectors such as energy. In the seasonally adjusted measurement, a 0.7% increase was observed compared to September. With this data, activity accumulates a 5.8% growth for the January-October 2025 period, according to the General Activity Index (IGA-OJF) received by Agencia Noticias Argentinas. The IGA is a monthly estimator of Gross Domestic Product (GDP) that uses 122 statistical series to measure the evolution of the economy. October's data highlights the growth of financial intermediation, which registered a 31.0% increase in the year-on-year variation. The same trend shown by INDEC in its December measurement. Other sectors with significant increases include the agricultural sector, with 4.8%, and mining and quarrying, with 3.9%. The most notable contractions in industry were in machinery and equipment, with 4.6%, and in food, beverages, and tobacco, with a decrease of 1.2%. Despite the year-on-year decline, the accumulated figure for the ten months of the year shows the sector notes an increase of 2.0%. This advance was supported by the production of crude oil, which showed a growth of 13.5%, although the production of natural gas recorded a decrease of 7.0% in the annual variation. The manufacturing industry presented a year-on-year measurement with a 1.1% decrease in October.
Argentina's economy grows 4.6% year-on-year in October 2025
Argentina's overall economic activity level grew by 4.6% year-on-year in October 2025, confirming concentration in the energy sector. The agricultural sector and mining also showed significant growth, while some industrial sectors contracted.