activity retracts in August, but installed capacity remains at 70%

activity retracts in August, but installed capacity remains at 70%

66.7% of the surveyed sectors grew in the annual comparison and 50.0% did so in the monthly comparison. The results arise from the SME Industrial Production Index (IPIP) prepared by CAME, with the observations of 394 industries.

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Regarding the level of activity, the best performance in August was in two industrial branches: “Chemicals and Plastics” and “Paper, cardboard, publishing and printing”, both with an annual increase of 9%. In Food and beverages, for its part, production rose 2.9% annually and 5.3% monthly.

“The domestic market, despite the price factor, remains firm, but exporting companies point out that they are having more problems placing their products abroad due to lower international demand. Although suppliers were normalizing deliveries, the firms consulted They noted that there are shortages and the increases in amounts from suppliers continue”said the SME entity in its report.

Finally, in Clothing and textiles there was a drop of 13% per year and 2.6% per month, due to increases in supplies such as threads, stamping, fabrics, inks, or latex, among others.

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Source: Ambito

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