In this way, the industry accumulated a 17.8% increase in the first ten months of the year compared to the same period in 2020.
In October the good performance of the automotive industry and the production of chemicals and plastics.
In this sense, in the first ten months of the year and compared to the same period in 2020, the automotive block leads industrial growth with a cumulative improvement of 82.8%.
Next, and above the average for the industry in general, they were basic metal activity, with an improvement of 32.3%, metalworking (31.2%) and non-metallic minerals (30.2%).
Meanwhile, with increases below the general average, the process of oil (12.7%), chemical and plastic inputs (12.3%), cigarette shipments (12.1%), food and beverage production (4.8%) and paper and cellulose (4.6%).
From the perspective of types of goods, the upturn in activity continues to be led by production of capital goods that accumulate an annualized improvement of 50.3%.
When interpreting the data, FIEL stated that “The industry continues its advance year-on-year, with recovery leaders cutting back on their growth dynamics.”
Likewise, the entity stressed that “in October, activity improved month-on-month and the succession of monthly falls recorded in the third quarter was interrupted. Towards the latter part of the year, seasonality begins to cut back on activity.”
Source From: Ambito
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