Argentine says April industry output up 10.2 pct

BUENOS AIRES, May 21 (BestGrowthStock) – Argentina’s industrial
production rose a bigger-than-expected 10.2 percent in April
compared with the same month a year earlier, the government
said on Friday.

The figure beat market expectations. The median forecast in
a Reuters poll was for an 8.3 percent increase in output
year-on-year.

Industrial output rose 1.5 percent in April compared with
March, according to the government’s seasonally adjusted data.
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(Reporting by Juliana Castilla; Writing by Kevin Gray)

Argentine says April industry output up 10.2 pct