Significant Improvement In The Finances Of MPIs
A remarkable milestone has been achieved in the world of micro and small industries (MPIs) in Brazil. According to the 9th National Survey conducted by the renowned Datafolha at the request of the Syndicate of Micro and Small Industry (SIMPI), these entities recorded a significant decrease in default rates, falling from 35% to 29% compared to the previous two-month period. This is the lowest default rate observed in 2023, indicating a positive trend in the economic scenario of these companies.
Survey Notes: Focus On Micro Industries
The data reveals that micro industries were the major protagonists of this improvement, with a decrease in default rates from 33% to 25%. On the other hand, small industries faced a marginal increase of 1%, reaching a default rate of 50%.
“This drop in the default rate is an extremely positive indicator for our category, reflecting the resilience and adaptability of micro and small industries in the face of significant challenges”, commented Joseph Couri, president of SIMPI.
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Investments And Strategic Planning
A notable aspect of the study is the reduction in investments, which fell from 17% to 13%, representing the lowest rate in the historical series. Specifically, the decrease in the acquisition of machines and equipment, from 11% to 7%, was a crucial factor in this downward trend. “It is vital for micro and small enterprises to invest strategically during this period, focusing on efficiency, innovation, competitiveness, and quality, thus ensuring their sustainability and continuous growth”, noted Couri.
Expectations And Hiring
The expectations landscape revealed an increase in pessimism regarding inflation, with the most unfavorable scenario rising from 34% to 44%. Specifically in micro industries, concern grew from 35% to 44%, while in small industries, pessimism increased from 27% to 43%.
Despite these concerns, the Hiring and Firing Index of MPIs remained stable at 100 points, preserving current jobs.
Challenges In Hiring And Business Planning
The survey also shed light on the current challenges in hiring new employees. About 21% of companies reported difficulties in filling open positions, with 56% citing labor qualification as the main obstacle.
Regarding business planning, 45% of micro and small industries adopt short-term strategies, 34% opt for medium-term, and 17% focus on long-term. “These data reflect the challenges faced by these companies in a volatile economic environment. It is crucial to find a balance between immediate survival and long-term strategic vision”, concluded Couri.
About The Survey
Conducted by SIMPI in partnership with Datafolha, the survey provides a detailed portrait of micro and small industries in Brazil, covering the period from September 11 to 31, 2023. For more information or to access the complete survey data, the Press Advisory team is available.
Source: SIMPI/Datafolha | Press.

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