The drop in sales occurs in a month of holiday break and uncertainty due to high inflation.
He Build Index (CI), which reflects the demand for construction supplies, recorded a 29.2% decline in year-on-year comparison in January, while it fell 19.6% compared to the previous month.
“The year begins accentuating the downward trend in materials dispatches, This is because we are in months of vacation break and by uncertainty that generates high inflation,” the report noted.
The study clarified that the Synthetic Indicator of Construction Activity (ISAC), which will be published tomorrow by Indec, refers to December 2023, so it is not comparable with the December CI.
This index measures the evolution of the companies that make up Grupo Construya, which sell construction products such as ceramic bricks, Portland cement, lime, long steel, aluminum carpentry, adhesives and pastes to the private sector.
Construction: the Chamber declared an emergency in the sector
The construction entrepreneursgrouped in CAMARCO, have just declare the sector in a “state of emergency”. They did so at the extraordinary meeting of the Federal Council that was convened this week. They warn that the future of 1,400 companies and 200,000 jobs is at risk. The entity demanded from the national and provincial authorities “a very short-term solution to the problems raised.”
The body of the business chamber that called the meeting is made up of Councilors from the different provinces. In this framework, they raised the problems that the sector addresses and that many of them classified as “terminal in nature.” Then They issued a harsh statement in which they indicated that “if the current serious situation persists, it will have irreversible effects on the sector in particular and the economy in general.”
On this point they specified that the paralysis of the public work Throughout the country, it puts the activity of 1,400 companies and more than 200,000 jobs at risk. Along these lines, they claimed to the national and provincial authorities “a very short-term solution to the problems raised.” Businessmen claim that there are more than 3,000 paralyzed projects throughout the country and warn of a “break in the payment chain.”
Source: Ambito
