The press secretary of the Argentine Confederation of the Medium Enterprises, Salvador Femenía, added that for merchants “profitability is very small” and that “it costs them a lot to amortize the fixed costs.”
The press secretary of the Argentine Confederation of Medium Enterprises (CAME), Salvador Femeníawarned of consumption rates and assured that “Do not mislead” and it is “very Ameseated and complicated”. In turn, he added that for merchants “profitability is very small” and that “it costs a lot amortize fixed costs”
In that line, the Came leader said: “After small rebound that we had towards the end of 2024 And the first quarter of this year, He fell. We have registered one Fall with respect to May of last year, that was already coming with more than 7% decline. It is a fall on another fall. It is very Ameseted and complicated. “
Regarding the situation of merchants, he explained: “Profitability is very reduced and costs a lot of fixed costswhich increased by rates updates. The tax burden is still the same, but with smaller margins“He marked in this line in dialogue with Radio Rivadavia.
He also remarked that the situation is aggravated because consumers have less economic availability. “Today 50% of people do not arrive at the end of the month, and that is what is at the bottom of everything. It is not enough to offer quotas or discounts if there is no money in your pocket”, He concluded.
Finally, he referred to the government’s promise to relieve tax pressure: “Since Milei arrived, taxes were not lowered, on the contrary: the profits joined. The president himself had said that he was going to cut an arm if he created a new tax, and yet he did it. This tax structure undermines the final price and deepens the drop in consumption, ”he said.
The industry expresses its concern about consumption numbers
In addition to the statements of Female, An industrial report SMEs Argentines (IPA) emphasized the concern of the sector. Although he recognized a slight growth of the economy but warned that there is no job generation but not It causes consumption growth or increase in exports.
“The economy grows, but with fragile bases: the rebound is explained by the Agro, oil and the financial system, while consumption, industry and employment are still lagging. Inflation low, but fails to reactivate demand. Reservations grow by debt, not by exports. The industry SME It continues in crisis and recovery does not feel in most homes. Without productive investment or improvement of real income, the scenario is partial stabilization, “said the IPA.
Source: Ambito
