Argentina's small and medium-sized businesses brace for total devastation
A new report finds that the economy is rapidly contracting, with no signs of recovery on the horizon
Source: buenosairesherald.com
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Thousands of layoffs feared in Argentina next month
Argentine SMEs fear a wave of sackings in the coming days due to President Javier Milei's policies which may have been somewhat successful at curbing inflation but at a cost. The Industriales Pymes Argentinos (IPA) chamber released a report saying that some 17,000 jobs had been lost since Milei took office on Dec. 10, 2023, and further suspensions and layoffs appear on May's radar.
Source: mercopress.com
Tough times for Argentine factories as consumers penny-pinch
Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods.
Source: bryantimes.com
Tough Times For Argentine Factories As Consumers Penny-pinch
Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods.
Source: ibtimes.com
Industry on the ropes: Tough times for factories as consumers cut back
Factories are on the ropes between adjustment and recession in Argentina. Representatives of small and medium-sized enterprises (SMEs, or PyMES) warn drop in consumption is threatening the future of industry.
Source: batimes.com.ar