Small and medium-sized enterprises (SMEs) economic outlook rebounds for the first time in 4 months… “Expectation for vaccine and disaster support”

Mid-term Central Association’s September Prospect Survey… “It is unclear whether the recovery will continue due to the spread of delta mutation.”

Small and medium-sized enterprises (SMEs) industry outlook

[중소기업중앙회 제공. 재판매 및 DB 금지]

(Seoul = Yonhap News) Reporter Lee Tae-soo = Small and medium-sized enterprises (SMEs) business outlook has rebounded for the first time in four months.

As a result of a survey of 3,150 small and medium-sized enterprises (SMEs) from the 17th to the 24th of this month, the Korea Federation of Small and Medium Businesses announced on the 29th that the business outlook index for September was 78.0, up 4.4 points from the previous month.

If this index is higher than 100, it means that there are more companies who viewed the economic outlook positively than companies that do not, and if it is lower than 100, it means the opposite.

The economic outlook index rebounded after falling for three consecutive months through August.

The Korea Mid-Term Association analyzed that “it was expected that the economy would improve with the expansion of new coronavirus infection (COVID-19) vaccine vaccinations and the 5th disaster subsidy.”

However, it is unclear whether the economic recovery will continue due to the prolonged COVID-19 outbreak, including the spread of the delta mutant virus.

The manufacturing sector’s economic outlook index rose 2.5 points to 83.1 in September, and the non-manufacturing sector rose 5.3 points to 75.3.

Among the manufacturing industries, 15 industries such as printing and recording media reproduction and food products rose, but 7 industries such as leather, bags and shoes, electrical equipment and furniture fell.

In the non-manufacturing sector, the construction sector rose 1.0 point to 76.9, and the service sector rose 6.1 points to 74.9 points.

As the major management difficulty (multiple responses) of SMEs, sluggish domestic demand (63.2%) was cited the most. It was followed by an increase in labor costs (41.9%), excessive competition between companies (40.2%), and a rise in raw material prices (40.0%).

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