decreasing purchasing power of families And investment brake The business is once again suffering industrial sector Valencian Community in September saw its production fall by as much as 6.1% on an annual basis Compared to 4.9% recorded in August. This is a decrease of two points higher than the national average (-4.1%) and also represents the sixth consecutive decrease reflected by the indicator prepared jointly by INE and the Valencian Institute of Statistics to find out the development of this activity.
The decline in the manufacturing industry on a sector basis shoereaching 29% In September compared to the same period last year. It’s a decline that adds to the decline in previous months, and that means they’ve abandoned Vinalopó factories and other autonomous production centers so far this year. Up to 17.5% fewer pairs of shoes compared to 2022.
Therefore, we must not forget that there are also final figures. export They also reflected: 11% decrease Attributed to the sector’s foreign sales The decline in demand across EuropeAs a result of inflation and loss of purchasing power of citizens. We should also add this Good weather delayed the start of sales As Avecal pointed out a few days ago, the winter period in stores is coming to an end, which means fewer spare orders and new disruptions are expected in the coming seasons if businesses fail to empty their warehouses.
The situation of the sector TextileAfter the strong recovery after the pandemic, now in chains declines for a full year production. For September, the decrease is 12.3%, bringing the total decrease of the year to 9.6%.
“Yes Families should allocate more money to shopping carts and mortgage, the rest of consumption suffers. And this is something that is perceived throughout Europe,” says the president of the employers’ association Ateval. Pepe SernaHowever, he is confident that sales will recover in the second half of the year, allowing these figures to rise slightly. In this context, Serna underlines that the industry has managed to overcome the situation without resorting to major layoffs for now.
Along with the previous ones, it is among the sectors that reduced their production the most in the Valencian Community. tileThere was a 19.6% decrease in September and a 17.9% decrease in its cumulative value in the first nine months of the year. But in this case, the real problem of businessmen is this: gas cost This substance, which factories use to cook tiles, has increased rapidly with the war in Ukraine and is endangering the profitability of companies.
The situation in the industry is even more strange. metallurgic. On the one hand, Manufacturing of metal products manages to resist Shares are pretty solid, down just 0.5% in September and 2.4% for the year as a whole. However Manufacturing of machinery and capital goods falls sharply: 12.4% in September and up to 18.1% cumulatively. data that reflects decline in business investmentBecause many companies have decided to temporarily paralyze their projects while waiting for the economic situation to become clearer. This is also perceived in lending as businesses keep current financing demands high but reduce long-term financing demand.
On the other side of the scale are the sectors with the best performance. foodrecording a decline of barely 1% in production throughout the year; This energy and waterDespite the decrease in September, it grew by 0.3%; and above all manufacturing electrical and computer equipmentIt continues to grow strongly, with an increase of 10.2% in September and 36.7% in accumulated data.
Autonomies
Looking at the situation in the rest of the country, industrial production increased only in September. Canary Islandswith an increase of 2.6 percent Castile and LeonAccording to INE, it increased by 0.2%. On the contrary, the biggest decreases in this indicator were recorded in 2017. Balearic Islandsexperienced a 13.5% contraction in the activities of its factories in the month in question. riojawith -11.3%; cantabriawith 9.5%; Murciawith 8.9%; And Valencian Communitywith the 6.1% mentioned above.