Argentina Construction Activity Drops 4.5% MoM in July, Still Up 1.7% YoY

Argentina's construction activity fell 4.5% month-over-month in July, a sharp slowdown from prior months, though it remains 1.7% higher year-over-year. The decline was led by inputs like asphalt and plaster, while authorized private construction area surged 31.6% and sector employment continued to rise, suggesting mixed signals for the economy.