Likewise, the manufacturing entity highlighted, in a statement, “the macroeconomic context conducive to the purchase of durable goods in the face of the high exchange rate gap and some measures to boost the industry (stability of interest rates, program Now 12, credit programs with lines at accessible rates especially for SMEs)”.
The numbers reported by the manufacturing entity correspond to the results of the IV Survey of 2021, which showed progress in the different sectoral indicators, but warned that the recovery “was heterogeneous across sectors and company sizes.”
The percentage of companies with production recovery grew from 24.7% in the first survey of January 2021, to 41.8% in the last survey of October, the companies with increased sales to the domestic market went from 26, From 3% in January to 39% in October, firms with increased headcount also increased consecutively throughout the year (from 17% in January to 27% in October).
Regarding investment, the percentage of companies that considered in October “that it is a good time to invest in machinery and equipment” climbed from 57% to 71%.
Regarding the challenges for 2022, the work of the UIA highlighted that “the objective is to sustain the recovery process in a year that will be crossed by various fronts of uncertainty both at the international and local levels.”
In the international sphere, “low growth is expected from the main trading partners (Brazil: 0.3% and China 5.1%), higher world inflation, the value of freight at high levels and possible increases in interest rates” .
At the local level, among the biggest concerns for the year, companies highlighted price instability and general macroeconomic uncertainty.
Source From: Ambito
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