Monday , October 25 2021

Industry, issues: SME factories have a duration of eight months



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Industrial production of SMEs It fell by 5.6% in November Finally, compared to the same month of the previous year, it is already accumulating retire after seven consecutive months.

According to a report prepared by the Argentine Medieval Confederation (CAME), small and medium-sized industries are already present. with 56.5% of its total capacity. According to the study, a third of the employers work with profitability, although 41.2% of the surveyed establishments have little growth.

More than half of the respondents believe that only in the second half of next year will the country's economy begin again. Compared to October, the activity of the sector increased by 1.6%, although in the 11 months after 2018 there was an accumulated fall of 2.2% compared to the same period of 2017.

The most significant losses this month Shoes and leather goods (-18.2%), Metal products, machinery and equipment (-14.7%), Wood products and furniture (-13.5%), Paper, cardboard, printing and printing (-5.8%).

For sub-sectors related to housing, such as the SME for the manufacturing of kitchen and kitchen tables, November were the worst months of the year. What should be taken into account: given how productive orders came from, Only 8.2% of the industries are expected to revive the economy in the first quarter of the year.

Additionally, the use of installed capacity decreased slightly to 56.5% and CAME "were very low levels, but with a systematic and deep reduction of activity".

According to CAME, "disturbing information" are low levels of 2019 investment plans: 49% of traded companies do not want to make any investments, and only 23%. The rest is evaluating, "she says.

"The evaluation was partially beneficial, we had a lot of money in dollars and we had to change the sales price many times throughout the year," said Luis Lewin, Vice President of Machine Tool and Manufacturing Technologies, Argentina. CARMAHE).

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