2023-10-19 00:30:00
A few days before the presidential elections, the supply in the gondolas it is included, in the factories it was “obstructed”. This is how businessmen define it, who began to deal with the lack of raw materials for production or slowdown in agreed deliveries previously. Without having broken the supply chain, the absence of a final price or the offers limited in quantity have multiplied since the beginning of the exchange rate run last week, and they maintain in the pre-election weekdespite the calm in the informal dollar.
Business sources consulted by PROFILE They confirmed that “The lack of delivery of merchandise has become a constant in recent days”but they pointed out that “if alternatives are sought, products or inputs are obtained to prevent production from stopping”. However, they admitted that “obtaining spare parts or intermediate goods became additional work, with absence of a real price”.
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It happens that the Post-general election devaluation expectations are “high”in the business world. “No one wants to sell until following Monday and see what will happen.”. There is speculation regarding that,” the owner of an industrial SME company, which manufactures essential products, confided to this medium. “The pressure on alternative dollars has, as only way out, a devaluation, sooner or later,” reasoned another business owner, in this case, a commercial one.
The entities, between claims and electoral prudence
“I am selling, because we cannot stop doing it; but it is true that there is many sectors and items that are not selling and are in stock, because they don’t know what is going to happen, especially those that have a dollar value,” admitted an SME manufacturer, who has more than 60 employees and cannot stop production. That same source clarified that consumption began to weaken due to the loss of purchasing powergiven the impact of inflation.
A few hours before the elections, the business entities began to balance between the claims of its territorial, sectoral and individual partners, who suffer the freezing of imports and the increase in commercial debt in dollars, and the discomfort of the Government that tries to give answers in dribs and drabs while fighting for the rise of parallel dollars. “We cannot remain silent, but also We must be cautious not to partisan the claims“, he admitted to PROFILE one of the members of the small table of the Argentine Industrial Union (UIA).
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Last Tuesday, the UIA Board of Directors, made up of the highest representatives of the provinces and the productive sectors, took over the Petiribí room at the Buenos Aires headquarters of the manufacturing entity. There the only topic of debate was the import authorizations and payment of what is owed. “It was monothematic”, commented participants of the meeting. The statement was repetitive, with the desperate request for the release of dollars. “They are making disasters, but now they are not going to solve anything”an industrialist who has the SIRA “ironed” resigned.
Remarks that anticipate more inflation
“Those who sell you do it at double its real value.”. Iron is much more expensive, the steel mills do not sell anything or, in the best of cases, they do so with open shipment. It happened to me with materials that I bought, but that I will have to pay the value of the dollar following the elections“, stated the owner of a metallurgical company, who asked to maintain off the record his confession.
The confirmation also came from an industrialist who reports to the UIA: “everyone is covering up to some extent.” And he added: Some, with the precio; others, not delivering; others, negotiating the deadline, in case there is devaluation; either agreeing to payment in dollar value that is at the time of payment. “It’s all a big problem.”
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Without a precise report, on a day-to-day basis, businessmen began to see a drop in consumption and activity. In principle, “there was evidence of slide in purchases, with drops of up to 30% in top brand products, although compensated by lower quality substitutes,” said a private sector source. An example is in maintaining the consumption of fluid milk, but distributed in different brands; either, the rise in sales of rice and noodles, due to lower prices or stocking capacity. “There are products that remain at good prices, but others skyrocketed waiting for a devaluation. Today (Wednesday) I paid for flour with a 100% increase”, admitted the owner of an SME in the food sector.
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