Cost Inflation And High Inflation &Nbsp; Wuhan Garment Industry Entered The Off-Season Ahead Of Schedule.

The Dragon Boat Festival is near. Garment industry The peak season. However, a reporter survey found that rising costs and high inflation have already taken Wuhan The clothing industry advanced the off-season ahead of schedule. Many small garment factories are forced to stop work. Some big garment factories are also "two days fishing for three days."

Li Qiong, who works in a garment factory in Hanyang, did not expect that this year's vacation will arrive more than a month in advance.

Li Qiong told reporters, " May day "Just after that, the shipments of factories dropped rapidly, and workers often had nothing to do. In late May, the factory announced that workers began to leave. In previous years, the garment factory has been busy until July, will start to rest.

Mr. Li Qiong, the boss of garment factory, has been doing this business for more than ten years. He told reporters that the off-season this year did come earlier. The rent of factory buildings and shops has increased by nearly 50% compared with that of last year. The minimum wage of pieceworkers has reached 3000 yuan, and more than 40 people in the factory have to spend nearly 10000 yuan a month on board meals. What is even more frightening is that high inflation has reduced consumer budgets and sales of clothing have fallen by nearly 20%.

Under the circumstances, the boss decided to spanfer the workshop and leave the workers.

Larger Yu Xiang clothing is also struggling. "If we leave early, the workers will not come back in the second half of the year," Jiang told reporters. "But this off-season will last another week. We must stop working."

The gloomy clothing factory has already affected the downstream businesses. Mr. Tan, the boss of Mingxin buckle factory, told reporters: "business has at least decreased by 15% compared with last year. There were seven or eight people in the factory before, and now only one worker in the factory is working."

In the Hongmei cloth industry boss Dai Gang, it seems that the capital chain breakage is the biggest problem facing the clothing manufacturers.

Dai Xi Gang told reporters that in the past ten years, the clothing industry has gradually developed a "credit mode". He analyzed: "we credit to a first-class dealer, the clothing factory credits us, and the retailer credits the garment factory again. Once the retailer returns the problem, the upstream link may not be cooked, which in turn will make the industry more depressed.

In the context of high inflation and tight money this year, funds are even more scarce. "In the past one or two years, most bosses have invested their money in real estate," he said. At least 1 million of each cloth dealer's account is charged, and some reputable manufacturers in the past have begun to delay their accounts.

The owner of the above garment factory in Hanyang said frankly: "the capital gap is around 300 thousand -40 yuan, and now banks are unwilling to lend money to the small garment factories.

In fact, in the clothing province Guangdong, the recession of the clothing industry has been very obvious. Many businesses sell clothes at 3 yuan and one piece, and strive to return money quickly, and a large number of factories stop production. Dai Xi Gang expects: "Guangdong is the weathervane of the national garment industry, and also the distributing center of raw materials and clothing. The impact of Wuhan market may just begin. "