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Another symptom of less activity: low utilization of installed capacity

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The employment ofThe installed capacity of the sector was 63.8% in December, two-tenths per under from 64% recorded in the same month of 2021, as reported – yesterday – by the National Institute of Statistics and Censuses (Indec).

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The most evident difference is found compared to last November, due to the fact that production capacity was used in the previous month reached 68.9%.

The sectoral blocks that presented in the last month of last year levels of use of installed capacity above the general average were Oil refining (85.1%); Basic metallurgical industries (81.3%); Chemical substances and products (70.6%); Non-metallic mineral products (69.8%); Paper and cardboard (67.6%); and Food and Beverage (63.9%).

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Meanwhile, items that were below the general standard were Metal Mechanics (54.6%); Tobacco (52.6%); Publishing and printing (51.6%); Rubber and plastic (47.2%); Automotive industry (44.9%); and Textiles (43.7%).

The installed capacity utilization indicator in sector measurements the used share, in percentage terms, of the production capacity of the industrial sector. The survey includes a panel of 600-700 companies. And, for its calculation, what it actually is is taken into account the maximum production that each sector can achieve with its installed capacity.

Source: Clarin

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