Argentina capacity utilization
Argentina’s capacity utilization decreased to 61.5 by -3.15% on May 2021 from 63.5 in the previous month. On a year on year basis Argentina’s capacity utilization increased by 32.54%. Argentina’s capacity utilization trend is up since the current value of 61.5 is higher than the 12 month moving average of 59.8167. and the 12 month moving average slope is up. Argentina’s capacity utilization 5-year percentile is currently at 98.33%.
Argentina capacity utilization Chartstmk81447 var1=51end
Argentina Capacity utilization StatisticsClick here to explore the methodology used for estimating the Argentina capacity utilization signals presented in the statistics table below.
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Argentina capacity utilization analysis
Argentina’s capacity utilization rate measures the proportion of actual economic output versus the country’s potential economic output. Argentina capacity utilization is displayed as a percentage, and provides an insight of the slack in an economy. Explore MacroVar financial knowledge base structured by professional fund managers and economists.
Argentina capacity utilization trend
Argentina capacity utilization trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Argentina capacity utilization has recorded new highs or lows. Argentina capacity utilization trend change is assumed when the specific indicator has recorded a 3-month high / low or more.
Argentina capacity utilization momentum
Argentina capacity utilization momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.