Economic note prepared by CNI (National Confederation of Industry) points out that the volume of credit in the economy aimed at industry of transformation fell 40% from 2012 to 2024. The study is based on data from the Central Bank and was released this Thursday (23).
While other segments of the industry also saw drops in credit volume in the period, consumer credit grew 97%, like this
In this scenario, in the last 12 years, the industry’s share of total credit in the Brazilian economy fell from 27.2% to 13.7%.
“Credit for industry has a unique multiplier effect on other productive sectors and is fundamental for the country’s consistent growth. The financial system has prioritized consumption to the detriment of production, compromising investment, innovation and competitiveness”, says the president of CNI, Ricardo Alban.
saying that this limits the modernization of factories and increases dependence on imports. “It is urgent to create more adequate financing conditions to sustain the country’s productive growth”, he adds.
According to the study, the supply of credit has maintained stability over the years, encouraging family consumption and, consequently, imports.
The study points out that, in the last 12 years, the share allocated to individuals rose from 45% to 63% of total credit, while that of companies fell from 55% to 37%.
