grew 0.4% year-on-year in April, but fell 1.9% compared to March

grew 0.4% year-on-year in April, but fell 1.9% compared to March

58% of the industries consulted reported shortages and delays in input deliveries and there was speculation, in a complex month due to the currency run that affected the economy.


The production of the SME manufacturing industry it rose 0.4% in April compared to the same month last year, at constant prices. Thus, it accumulates an increase of 1.8% in the first four months of the year (compared to the same months of 2022). In the comparison with March, activity fell 1.9%.

The acceleration of the inflation made it more difficult to get supplies. He 58% of industries consulted expressed shortages and delays in deliveries. There was more speculation among suppliers, who cut financing, prioritized customers with immediate liquidity, raised prices preventively, or did not directly deliver merchandise waiting for the dollar ceiling.

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The use of the installed capacity of the companies in the sample fell very slightly, from 73.3% in March to 73.2% in April, in line with the dynamics of the sector, marked by low growth and investments on hold . The highest levels were found in “Paper and Impressions” (76.4%), and the lowest in “Metal, Machinery and Equipment, and Transport Material” (71.3%).

These results arise from the SME Industrial Production Index (IPIP) prepared by CAME, with a sample that reached some 384 SME industries at the federal level.

Sectorial analysis

The best performance in April was in “Clothing and Textile”, with annual growth of 6.9% in its production, measured at constant prices. The worst occurred in “Paper and Impressions”, with a 12.7% annual drop.

In the accumulated for the year (January-April), the best performance has been for “Food and Beverages” with an increase of 5.5% compared to the same months last year, and the worst for “Paper and Impressions” with a retraction of 10.6%.

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Source: Ambito

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