Industrial production According to a survey by the Argentinean Midsize Companies' Chamber, it fell by 5% in October and has so far lost sixth consecutive year.CAME).
According to the Agency, the lack of market liquidity, the low quality of the payment chain and excessive interest rates are the main problems facing the sector. So far, this year's production SME & # 39; s CAME reassured him of a 1.9 per cent decline compared to the same period in 2017.
The data comes from different branches and from the Monthly Industrial Survey conducted by the enterprise in about 300 companies from all over the country. The least active products during the month of October were "Calzado y marroquinera", "Rubber and plastic products", "Wood and furniture products" and "Paper, cardboard, printing and printing".
In this month, the "food industry" (0.1%) and "non-metallic minerals" showed a slight growth, while the production of chemicals did not change. The positive fact is that the use of installed capacity in SMEs has increased slightly in October, although it is still very low for the sector, rising to 58.7%.
The document, prepared by CAME, also reveals that the Industrial Production Pyme (IPIP) index recorded 79.8 points in October. Pablo Bozzanno, executive director of the Chamber of Electronics and Communication Industries (CIIECCA), said: "The tendency to produce continues to rise at least until the middle of next year and continues."
The director also said that ”the installed capacity is less than 60 per cent a and that in companies are not firing at the moment, but they have not renewed the lost fees Müdür.