Wednesday , October 20 2021

According cames, the SME industrial production decreased by & # 39; 5% in & # 39; October



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The SME industry fell for six consecutive months and the sector working only with & # 39; 58.6% of its installed capacity. Although the proportion of & # 39; growing industries increased slightly, 74% believe that the situation of their company is a regular, bad or critical. Only 18.7% expect a rebound in the next three months.

Failure & # 39; liquidity in the market, the low quality of the payment chain, rates of & # 39; excessive interest and difficulties to repay liabilities complicate the business of SMEs and many companies are making to reduce or reconsider their continuity.

Does & # 39; internal market recovering, production & # 39; Industrial SMEs decreased by & # 39; 5% in & # 39; October compared with & # 39; the same month last year. It is the sixth consecutive month which comes & # 39; industry.

Compared to & # 39; in September, recorded an increase of & # 39; 5.6%, which is basically explained by the monthly season. For 10 months of the year accumulates reduction & # 39; 1.9% compared with & # 39; the same period & # 39; 2017.

The data comes from the Industrial Survey & # 39; Monthly & # 39; CAME comprising 300 industries & # 39; SMEs in the country. The Index to SMEs in Production Index (IPIP) registered a value of & # 39; 79.8 points in & # 39; October.

The most severe loss was & # 39; "Footwear and leather goods' (-15%)," Rubber and plastic products' (-10.8%), 'wood products and furniture "(-10.4 %), "Paper," cardboard, edition and printing '(-8.5%), "metal products, machinery and equipment' (-7.3%)," transport Material "(-3.3%)," textile products and clothing & # 39; dressing "(-3.3%) and" electrical-mechanical products, IT and manufacturing "(-2.5%). On the other hand, the production of & # 39;" Chemicals " unchanged and increased the "Food Industry" (0.1%) and "Non-Metallic Minerals" (1.6%).

"The trend of production does not seem to recover and will continue at least until the middle of next year," says Pablo Bozzanno, executive director of the Chamber of Information, Electronics and Communication Industries & # 39 ; Centro de Argentina (CIIECCA). "The installed capacity is less than 60%, the companies are not saying goodbye now, but do not renew the charges are being lost," he warns, and explained that the only companies that are more b & # 39; health ' are those that export and benefit from devaluation and the new price of the dollar ".

F & # 39; in October, 53.9% of the consulting industry ended up with the annual output decline (58.9% in & # 39; September), and 36.7% had increases (30.9% in the month & # 39; before). While most companies are still falling, the proportion of & # 39; growing industries improved.

The proportion of & # 39; positive earnings again industries & # 39; improved in & # 39; October: 36.3% compared with & # 39; 32.1% in & # 39; September and 28.9% in & # 39; August. The percentage of & # 39; & # 39 industries with, negative and zero remaining capacity & # 39; high. But many companies have reduced their businesses, suspended and reduced personnel costs & # 39; any kind to support their businesses.

"In the case of the dairy industry is suffering serious economic situation due to the increase in costs, increase in the price of raw materials, higher labor costs and a reduction in consumption", explains Pablo Villano, of & # 39; Small Milk Company and & # 39; Medium (APYMEL).

The payment chain continues to deteriorate. According to Daniel García, president of the Chamber of Manufactures & # 39; Luminaries and domotic Efficient (CAFLED), "suppliers must require 30 days and paying customers 120. This generates the companies in the sector come in & # 39; & # 39 by debt; exorbitant rates ". The industrialists consulted agree that the payment chain is put in 120 days and there are many difficulties to cut the checks.

The use of installed capacity in SMEs increased again Other & # 39; in & # 39; in October to 58.7%, but is still too low to reflect the reduction in activity.

Expectations remain unresolved: only 18.7% of the companies consulted expect production to increase in the next three months, while 29% believe it will continue to decline. The rest did not know or believe that will continue & # 39; at current levels.

Can & # 39; is that it explains why investment is not collected: 7 out of 10 industries m & # 39; have new investments planned in the next three months.

CP

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