President Javier Milei does not doubt it. In the previous choice, he prefers to deal with more problems in the activity rather than with a greater rise in the dollar. That’s why The Government validated higher interest rates and the Central Bank decided to raise the percentage of lace.
Economists anticipate that The monetary squeech will have an impact on the activity and in the government they recognize it. Companies say that cooling is already among us: according to data from the SME Observatory for 70% of companies, production is stable or on low and concern about the weakness of the demand reaches 68% of the signatures.
The rise from the dollar He had his correlation in input prices. Some because they are imported, others that manufacture in the country long ago sell in green ticket and there are also those who took advantage of this week to highlight: Zinc, oils, lubricants, boxes, had increases of between 5% and 8%.
Consumer prices are still quite stable. Industrialists are discussed between transferring costs and losing sales or continuing to deteriorate their marginssomething that seems difficult to sustain in the medium term. According to the SME Observatory report, 74% of the companies had cost increases, and only a little less than half (35%) was able to move it at prices.
Do not save or cow a death
The gray horizon, with different nuances, It becomes transverse to the different sectors. Even in the star field: energy. What is often presented as an investment of an Argentine company is actually the exit of a multinational in the country. He spent this week in Vaca Muerta with the sale of total assets.
In the Neuquina basin, 2025 did not march according to the plan. The fall in international prices, the lack of will of the Government to face infrastructure works and a country risk that does not end up lowering a stocks on the growth of the sector. The most striking fact was confirmed to the scope a Top businessman: There are fewer teams working than two years ago.
Of 36 perforators that were in December 2023, by September 2025 there will be 29. “The year is already played, many companies planned to place much higher figures abroad to invest, but with this country risk it is impossible,” said the businessman. In the sector they believe that nI a good result of the ruling party in the October elections can return access to markets in the short term, that political agreements are missing.
SME secretariat, outside
If the panorama does not end up clarifying in the sector with the best projection of the Argentine economy, the situation is much more complex in the industry. The reverences to the adjustment that were heard in the UIA at the beginning of Javier Milei’s mandate, no longer heardthe internal climate changed and the entity’s communications reflect it.
In the business sector The departure of the secretary of the small and medium -sized company fell very bad, Marcos Ayerrawhat was there anticipated scope. But worse the other advance of this medium: the elimination of distribution and its degradation to a mere national direction.
Pyme business believes that he ran out of interlocutor and They claim for the tools that the State knew how to have and that could help alleviate the crisis. Several of them, point out, at no fiscal cost. Consulted by Marcelo Fernández in the streaming of CGERA, former Minister Débora Giorgi gave two examples: the now 12, which generated more revenue for collection than erogations and soft loans with lower rates, which were borne by the banks and now shine by their absence.
Source: Ambito
