In this sense, the Vistage members were consulted -in the period October-December 2021- about the estimates of the official dollar for the end of the yearand projected that the exchange rate will be located at $196, that is, almost double the value that ended in 2021 ($102.68). The figure is well above the estimates of the private consultants released each month by the Central Bank: according to the Market Expectations Survey (REM) for January, the US currency will reach $160.
Much more similar was the annual inflation estimate for 2022: businessmen pointed out that the CPI will reach 54%; this year, 1 percentage point below the projections of the REM.
Economic expectations
With respect to a year ago38% of those consulted indicate that the economy it got worse, while 34% believe it got better; and 28%, which remained without significant changes.
About the expectations for the next 12 months, 44% predict that the economy will behave in the same way as it does today; 19%, that it will improve; and 37%, that it will get worse.
“The economy is, without a doubt, the main variable that runs through every company. Although the evaluation made by those consulted on the economic scenario of the last year is not favorable, we do observe that the expectations for 2022 improve with respect to the last report carried out, which translates into the possible generation of more jobs. In fact, more than 40% of entrepreneurs estimate that their teams will grow”, he pointed Guadalupe San Martin, CEO of Vistage Argentina.
Profitability and investments
About the profitability of companies next year, 24% answered that it will increase; 26%, which will decrease; and 50%, which will remain unchanged. Meanwhile, 50% of the Vistage members who participated in the survey affirm that the volume in units sold in the next twelve months it will increase; 37% believe that it will remain the same; and 13% estimate that it will decrease.
On investment in fixed assets for the next 12 months, 31% estimate that it will increase, 56% believe that it will be the same, and 13% that it will decrease.
Employment, prices, billing
On the other hand, 50% of those consulted indicate that the employee template in the next 12 months it will remain unchanged, 43% indicate that it will be higher and only 7% estimate that it will be reduced.
With respect to how they consider that the prices of products/services who markets their company in the next twelve months, 79% of those surveyed believe that they will increase, while 16% indicate that they will remain the same; and 5%, which will decrease. During the same period, 66% of entrepreneurs anticipate that the billing, 26% think it will remain unchanged; and 8%, which will decrease.
Again, business leaders believe that the biggest problem facing your companies today is economic uncertainty (39% indicate concerns about the local or international economy, public finances, etc.), followed by issues related to finding, hiring, retaining or training staff (28%). 12% report that the biggest problem is the higher costs (energy, raw material, wages, etc.); 9% detail that they are financial issues (financing, cash flow, profitability); 8% state that it is due to growth that is too slow or too fast; and 4% highlight other types of problems.
Source: Ambito
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