The Limited Times

Now you can see non-English news...

Material shortages are slowing the recovery

2021-08-24T15:23:58.644Z


While industrial order books are generally full, the difficulty in procuring materials slows down or even blocks production chains.


Semiconductors, iron, wood, steel, cardboard… this summer, everything was missing.

Production lines have stopped, construction sites are behind schedule.

The French who wanted to buy a bicycle could not all find one!

In July, industrial companies felt that demand for the past three months had intensified, but more and more of them were

"experiencing supply difficulties preventing them from increasing their production as they would like"

, indicates a recent survey by INSEE.

As a result, the proportion of companies facing a shortage situation reached

"a level unheard of since the end of 2000"

.

Read also

Can Europe become a semiconductor champion?

The capital goods industry and the automotive industry are the most affected.

In question, the difficulties of supplying components (in particular electronic) of China and the United States, which had already reached a historic level in June and continued this summer to increase.

As proof, the Toyota plant in Valenciennes, which was to reopen on Monday 23rd, will remain closed for some time yet ...

Chisel effect

Given their well-stocked order books for the coming months, fewer and fewer manufacturers consider their production capacity sufficient.

Production bottlenecks are increasingly important: 40% of industrialists report

"a significant increase compared to the previous quarter and well above its average"

, insists INSEE.

Read also

The specter of the shortage of chips hangs over consumer electronics

"This is a subject that always worries us

,

"

we recognize at Bercy, where we regularly meet with representatives of the sectors most affected by this supply crisis. Which lead to increasing delivery times (we see it in the automobile) and price increases. The fact remains that the State does not really have the levers in the face of these shortages ... To counter this jaws effect, as Bruno Le Maire has named it, it is trying to limit its impact on SMEs. In June, the Minister of the Economy called for solidarity in the sectors. And a circular, addressed to all buyers of the State, asking them not to apply penalties in the event of delay in the delivery of public contracts due to the shortage of raw materials.

Source: lefigaro

All news articles on 2021-08-24

You may like

Trends 24h

News/Politics 2024-04-18T20:25:41.926Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.