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Argentina industrial output drops 8.7% in February in eighth consecutive decline

BY Reuters | ECONOMIC | 03:05 PM EDT

BUENOS AIRES, April 9 (Reuters) - Argentina's industrial output fell 8.7% in February compared to the same month last year in non-seasonally adjusted terms, data from national statistics agency INDEC showed on Thursday.

This marked its eighth month of year-on-year declines and its biggest dip since last November. February industrial output in South America's second-largest economy declined 4.0% compared to January in seasonally adjusted terms, according to the INDEC data. (Reporting by Walter Bianchi and Sarah Morland; Editing by Brendan O'Boyle)

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