Manufacturing Activity Falls 10%
Wednesday, May 29, 2019
Because of the drop in production and sales, in April the Monthly Manufacturing Activity Index in the Dominican Republic dropped 10% with respect to the same month in 2018.
The Monthly Manufacturing Activity Index (IMAM) of the Association of Industries of the Dominican Republic (AIRD) fell from 60.7 in March to 56.0 in April, according to the sector guild.

The report states that "... Three of the five variables that make up the index went down. Throughout 2018 and 2019, the index has remained above 50 which reflects growth in manufacturing activity.

Regarding these variables analyzed, three of the five variables showed decreases: "sales volume" went from 64.8 in March 2019, to 58.5 in April 2019; "production volume" went from 66.4 in March 2019, to 60.2 in April of this year, while "raw material inventory" went from 59.6 in March 2019 to 57.0 in April.

The "employment" variable increased from 47.7 in March to 50.7 in April, and the " supplier delivery term" increased from 49.1 in March to 50.4 in April 2019."

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Strong Decline in Manufacturing Activity
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Because of the drop in sales and production volume, in June the Monthly Manufacturing Activity Index in the Dominican Republic decreased 9% with respect to May of this year.
The Monthly Manufacturing Activity Index (IMAM) of the Association of Industries of the Dominican Republic (AIRD) fell from 58.3 in May to 53 in June. Out of the five variables composing the index, the two with the highest weight experienced a decrease with respect to the previous month, explains a guild report.
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Because of the drop in the inventory of raw materials and the behavior of the delivery terms taken by suppliers, in May the Monthly Manufacturing Activity Index in the Dominican Republic dropped 5% with respect to the same month in 2018.
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Manufacturing Activity Up 9%
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Explained by an increase in production and sales, in March the Monthly Manufacturing Activity Index in the Dominican Republic increased 9% with respect to the same month in 2018.
Data from the Association of Industries of the Dominican Republic (AIRD) indicate that the Monthly Manufacturing Activity Index (IMAM) increased from 55 in February to 60.7 in March, the highest performance during the third month since 2016.
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Because of the increase in production and sales, in January the Monthly Manufacturing Activity Index in the Dominican Republic grew 8% with respect to the same month in 2018.
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