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Bank lending to industrial enterprises increased 9.8% in June 2018, accumulating five consecutive months of growth, which contrasts with the figures for 2017, when industrial business loans decreased by 1.1% [19659002] The National Society of Industries (SNI) said the increase was due to a slight recovery in the manufacturing sector, which rose 6.8% from January to May this year, and to stronger domestic demand.
The largest increases were in food and beverages (13.6%), metal manufacturers (10.5%), among others. ❧
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