Construction activity grew 5.1% in April, setting a monthly record.

Construction activity rebounded strongly in April. According to data from INDEC (National Institute of Statistics and Census), the sector registered a seasonally adjusted monthly increase of 5.1%, setting a monthly record . It was the largest increase since July of last year. In the year-over-year comparison, the growth was even more significant, reaching 25.9% . This latter figure is partly explained by a very low base, as in April 2024 the sector had suffered a 37.3% drop compared to the same month in 2023.

This figure is a positive sign amid months marked by contraction. Although the series may be adjusted in future revisions, April marked a turning point. With these figures, construction has accumulated a 10.4% increase in the first four months of the year, compared to the same period in 2024.

Apparent consumption data also showed increases in almost all key construction inputs . In the year-on-year comparison for April, there were notable increases of 84.2% for ceramic sanitary ware and 82.6% for plasterboard. Also increasing were asphalt (74.9%), granite mosaics (55%), and pre-mixed concrete (50.3%).

There were also increases of 41.4% in ceramic flooring, 29.5% in construction iron, and 27.7% in Portland cement. Other products, such as lime, plaster, and paint, also showed significant increases. Only a small group of materials (such as faucets and seamless steel pipes) saw a more moderate variation.

So far this year, the largest cumulative increases were seen in asphalt (79.8%) and plasterboard (29.7%). Also growing steadily were sanitary ware, pre-mixed concrete , cement, and iron.

On the other hand, granite mosaics and some more specific inputs showed declines compared to the same period last year. Even so, the overall balance of the sector is positive. Construction returned to its dynamism in April, after several difficult months. Although the low base of comparison favored the year-over-year increase, the monthly rebound of 5.1% offers an encouraging sign for the rest of the year. If this trend continues, the sector could consolidate its recovery in the coming months.