Martín Rappallini warned of intermensual falls in key sectors and requested dialogue between government and businessmen to sustain the activity.
The Argentine Industrial Union (UIA) warned about a brake on the activity of strategic sectors such as Construction, textile, footwear, metalworking and cementaffected by high interest rates and intermensual falls. Martín Rappallini, president of the entity, said that microeconomic difficulties deepened in recent months and require Urgent attention.
Rappallini indicated that “We see with concern how it will move forward or how the microeconomy, activity will follow.”. He pointed out that several items were already showing difficultiesand that the brake was deepened in July and August. “The industry is very heterogeneous. There were already sectors that came with a fall and a parate, such as construction, textile, footwear, metalworking. But that We are seeing that this last month increased ”, accurate.
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In dialogue with Radio Miter, the leader stressed that Construction and its related industries They present significant setbacks. “The cement came with an important fall and the last time it had an intermensual fall. We can also see with the construction index, which had a fall in Julio-Intermenual August, that is, against the previous months, And it is already at levels that were the floor “he said.
Impact of rates and credit
The leader stressed that high interest rates affect both the investment as consumptiongenerating a Domino effect throughout the production chain. Sectors such as footwear and metalworking under durable goods in the market.
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Mariano Fuchila
“We must also focus on the microeconomic activity, which we see that with the high rates we are living and we are seeing some signs of falling in many industrial activities that had recovered,” he explained.
Political management and dialogue as tools
Beyond the electoral situation, Rappallini emphasized the need for consensus between government and economic actors. “I think that democracy is dialogue and trying to look for encounters and consciences to govern. I think for me The election is important to mark a course of what the government has been doing. But it also seems to me that today what we are seeing requires Another type of political managementregardless of the result of the elections, ”he said.
The manager concluded that, after the elections, it will be key to define long -term strategies to sustain the industry. “The Government will have to sit with all the actors in politics and see how it continues to move on.”he said.
Source: Ambito
