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    Increased raw material prices hinder Nuevo León companies

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    May 28, 2021

    CAINTRA's monthly survey of manufacturing expectations in Nuevo León reports the main obstacles to the performance of Nuevo León's industry. the main obstacles to the performance of Nuevo León's industry. In April, the increase in raw material In April, the increase in raw material prices stood out as the main factor that hurt businessmen.

    Specifically, in April, 48% of Nuevo Leon's industrialists indicated that the increase in these prices was an obstacle for their companies, the highest percentage since January 2017. prices was an obstacle for their companies, being the highest percentage since January 2017. Although during 2020 there was a downward trend in this figure, since the beginning of this year there has been a significant upturn, going from a significant rebound was observed, going from 27% in December 2020 to 43% in January 2021.

    In addition, weak economic activity had been the main obstacle to business performance in recent years, until April 2021. businessmen in recent years, until April 2021, when commodity inflation took first place. first place.

    This notorious upward trend in the percentage of businessmen affected, as well as the price indexes at the state and federal level, are worrying signs and increase the uncertainty in the country. and federal price indexes are worrying signs that increase the uncertainty in the country. We therefore urge the authorities to prioritize this issue and to take the necessary measures to control the situation and not to the situation and not harm the business sector even more.

    CAINTRA NUEVO LEÓN