[ad_1]
The Brazilian textile industry is expected to end the year with a 2% drop in production, a 1.2% drop in exports and a loss of 27,000 jobs, despite a slight trend towards 0.8% increase in retail trade. The projected growth of imports of 5.7% also indicates that the companies in the sector have bought more garment products abroad because the cost of production has increased on average by 8.5%, the prices of raw materials such as cotton having increased sharply. fibers and dyes. The screenings were released Thursday at a press conference of the Brazilian Association of Textile Industry (Abit)
Short Pedro Machado on Facebook
Read more news of Pedro Machado
– Overview, 2018 disappointed – summed up the president of the organization, Fernando Pimentel.
The director listed at least four reasons worthy of a "perfect storm" – an expression used to illustrate a series of negative events in sequence – that helped dispel the positive expectations mapped earlier this year. year and left the numbers below expectations.
Two of them were more predictable: the decline in consumption during the World Cup and the uncertainties surrounding the electoral process. A third factor is the absence of a more intense winter, with fewer cold days than expected. And the last, completely atypical, was the May truckers strike, which affected not only the segment but also the entire economy.
The expectation for the short-term future, on the other hand, is one of "responsible optimism." The moods are due in large part to the weak base of comparison that 2019 will have with 2018. Other terms would not be worse: the macroeconomic scenario, characterized by declining interest rates, inflated inflation, idleness in industrial parks, increased confidence, positive expectations with the change of government and even shy signs of warming the economy, also helps.Abit estimates that by 2019, Brazilian textile production, retail sales of 3.5% and exports to export will reach 3%, […] which may be more important if reforms, including social security and tax reforms, are approved, and it is expected that 20 000 jobs will be generated.
SC against the current
If, in 2018, the Brazilian industry in the segment is not doing well enough, Santa Catarina is an exception that has been rented by Pimentel in the presentation. While domestic production declined 2.6% until October, Santa Catarina grew by 7.9% for textiles and 6.1% for clothing during the same period. The state is the second largest textile and clothing center in the country.
Source link
