Small Industry Outlook
The Small Industry Outlook analyzes, on a quarterly basis, small industry data collected by the Industrial Survey, Construction Industry Survey, and Business Confidence Index. The Outlook includes three new indices: the Performance Index, which measures the performance of small industry activity in the quarter; the Financial Situation Index, which assesses the financial situation of small enterprises; and the Outlook Index, which reveals business expectations. The survey also analyzes the main problems faced by small industry and the behavior of the ICEI index, considering only small companies.
Competition with imports and unfair competition stand out as headwinds for small-scale industries in the 2nd quarter
In the second quarter of 2025, alongside elevated interest rates and the high tax burden, which typically rank among the primary constraints for Industries, competition with imports also gained significant prominence. Reports of this issue saw a 4 p.p. increase among Manufacturing industries. Furthermore, unfair competition saw a sharp rise in reporting within the Construction industry, with a 5.9 p.p. increase during the period.
September 1, 2025
