Latin America, Turkey, Malaysia Industrial Output Rise March 2025

Industrial production showed mixed but generally positive trends across several countries in March 2025. Turkey's industrial output rose 3.4% month-on-month and 2.5% year-on-year, driven by manufacturing gains amid economic recovery. Argentina experienced a 5.2% year-on-year increase, marking the fourth straight month of growth despite a monthly decline due to contractions in oil refining and slower output in some sectors. Spain's industrial output grew 1.0% year-on-year in March, rebounding from a contraction in February. Malaysia's industrial production increased 3.2% year-on-year, led by manufacturing and mining, although electricity generation fell. Brazil's industrial production expanded 1.2% month-on-month and 3.1% year-on-year, with notable growth in pharmaceutical and chemical sectors despite declines in others.