The bag of companies increases with the strike – Economy



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After four months of stability, the number of late payment companies accelerated again in May, influenced by the truckers' strike which paralyzed the country for more than ten days.

+ Decline in Industry and Ipea Sector

Last month, 5.5 million companies were on the default list, according to Serasa Experian, a company specializing in I & # 39; financial information. This is the largest number of companies having late payments since March 2016, date of the beginning of the survey.

+ Construction has experienced a deterioration in activity and a strike level of employment

From January to April, 5.4 million companies have monthly arrears. In May, 100,000 additional businesses expanded this list. Compared to the same month of 2017, there was an increase of 400,000 businesses, an increase of 7.8%.

Late payment debts also increased by 4.3 percent year on year to R $ 124.3 billion.

"The truckers strike hit the production lines and companies stopped producing and selling," says Luiz Rabi, an economist at Serasa Experian. Without turning their stocks, they ran out of working capital to honor basic account payments and debts with the financial system and suppliers.

Rabi explains that by this investigation it is not possible to know what is the average delay because the default criterion is set by the creditor. That is to say that Serasa Experian brings together the CNPJ (National Register of Legal Entities) with companies that have not paid the bills on time, either one day late or more than 30 days, for example.

Services The survey shows that the increase in delinquency was carried by service companies. Last month, these companies accounted for almost half (48%) of late payment companies. In May, service providers accounted for 46.7% of all delinquent businesses.

Rabi argues that the damage caused by the strike has been concentrated in the service sector because it includes a larger number of small and micro enterprises. Usually, small and micro enterprises already face greater difficulty in working capital and, with the strike, have become worse in this situation.

For the coming months, the tendency to default firms is not stabilization, according to the economist. He argues that the financial situation of companies is closely linked to the pace and growth of gross domestic product (GDP), which could continue to slow down.

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