Industrial production fell 1.2% from November to December 2025, accentuating the predominantly negative trend observed since September 2025, a period in which it accumulated a loss of 1.9%. This was the most intense drop since July 2024 (-1.5%). Compared to December of the previous year, industry advanced 0.4%, interrupting two consecutive months of negative rates: November (-1.4%) and October 2025 (-0.5%). The three-month moving average in December was -0.5%. In 2025, the industry accumulated growth of 0.6%, the third consecutive year of growth, after registering 3.1% in 2024 and 0.1% in 2023. With the December ... (full story)