The SME industry grew 1.7% annually in July and installed capacity exceeded 70%

The SME industry grew 1.7% annually in July and installed capacity exceeded 70%

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“In this framework, the SME industries had to face the worsening of some problems that were already part of the situation, such as delays in the supply of inputs, lack of reference values, price increases that, among other issues, hampered production this month“, Completed the entity in a press release.

In July, most of the surveyed sectors improved in the year-on-year comparison and half of them also did so in the month-on-month comparison. One of the data highlighted by CAME was that since the peak recorded in March 2022, a marked reduction in the growth dynamics of the SME industry has been observed in recent months, “generating some concern” about the continuation of this trend.

By sectors, the best performance in July 2022 was registered in Metal, Machinery, Equipment and Transport Material, with an annual increase of 7.2%. On the contrary, the Textiles and Clothing category registered a decrease of 10.6%.

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Courtesy: CAME

Source: Ambito

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