In the first quarter of 2023, 10,617 companies were deregistered, which meant an increase of 14.1% compared to what was registered in the same period of 2022, according to the latest report on Business Demography in Peru from the National Institute of Statistics and Informatics. (INEI).
The most affected sector was construction, where the figure rose by 77.1%, followed by information and communications (46.7%) and accommodation activities (38.2%). It also highlighted agriculture, livestock and fishing with a rate of 27.5%.
While, if economic activity is taken into account, those dedicated to retail trade lead the list of disappeared companies with an increase of 34.1% compared to the first quarter of 2022. They are seconded by those dedicated to retail trade. wholesale with 17.2%.
At the regional level, casualties increased in the departments of Ucayali (67.3%), Loreto (55.2%) and Ica (54.5%), mostly. While it fell in Puno (-30.1%), Moquegua (-18.5%), Arequipa (-5.0%) and Pasco (-1.8%).
Factors and affected
The Economist arturo garcia He maintains that the global and local economic slowdown resulting from the increase in reference rates to counteract inflationary pressures is the main factor that has increased the mortality of companies in the country.
The ESAN Finance professor also adds that this element is compounded by the social conflicts that occurred at the beginning of the year and weather phenomena such as Cyclone Yaku.
For his part, Daniel Hermosadirector of the Center for Mype Studies, indicates that the high figure for the first quarter is a sign that consumers are not purchasing products due to rising prices.
Furthermore, it underlines that the main ones affected are those companies that are within the RUS regime. That is, small businesses such as warehouses, market stalls, hardware stores, etc.
The union representative estimates that during the year they could close around up to 210,000 business units.
Active companies grew 5.3%
As of March 31 of this year, the number of active companies registered in the Central Directory of Companies and Establishments amounted to 3 million 190,661 units.
This figure is 5.3% higher compared to the same period of the previous year, said the INEI.
Infographic – The Republic
Source: Larepublica
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