58% of business leaders expect an improvement in the economy in the next twelve months and projects increase investments, billing and sales. However, four out of ten anticipate profitability drop and one dollar of almost $ 1,500.
“Caute optimism”, this the business climate that is around in Argentina. Business confidence shows signs of recovery, although with nuances. According to the Business Confidence Index between 263 CEOs, numbers one and business owners, executives project higher investments, billing and sales volume For next year. Even so, the Concern for profitabilitywhich for 42% of those consulted will be reduced by the next 12 months.
“The results reflect a cautious optimism in businessmen. It is encouraging to see that the majority projects a growth for their organizations, planning to increase their investments, billing and sales volume. However, the report also reveals a crucial concern: the decrease in profitability,” he said Guadalupe San MartínCEO DE Vistage Argentina. In this sense, the index marked a strong decline of 12 points compared to the previous month.
Vistage
Consulted about the economic evolution of the last year, 49% of executives believe the situation improvedwhile 22% consider that it worsened and the 29% that remained stable. In the face of the next twelve months, the 58% expect an improvement of the macroeconomic scenario29% do not provide changes and 13% fear deterioration.
In terms of investment, half of the entrepreneurs plan to maintain their investment level in fixed assets35% expect to increase it and only 15% estimate that it will be reduced.
He 57% of respondents project an increase in turnover For next year and an equal percentage, the volume of units sold will grow. As for employment, 33% of leaders expect to expand their workforce51% keep it unchanged and 16% reduce it.
Regarding the prices of products and services, 45% consider that they will remain stable29% expect increases and 26% anticipate low.
Survey identifies as the main problems faced by companies Cost increase (25%)the economic uncertainty (23%)the financial difficulties (21%) and the Challenges to hire and retain talent (16%).
As for macroeconomic projections, entrepreneurs estimate a Annual inflation of 32%six points less than in the survey of the first quarter, and a $ 1,490 dollarthat is, $ 145 more than the projected in the previous measurement.
Source: Ambito
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