Executives warn of higher prices in the next three months

Poll conductedl Business consulting service to support executives of over 300 companies It was revealed that at least 60% of entrepreneurs consider the increase in production and marketing costs to be harmful to the restoration of local and external demand.

For the respondents economical cooling This is happening in an environment of persistently high inflation and high uncertainty associated with governance, regulatory risks, and large disincentives to private investment.

In addition, of all companies at least 58% consider a decrease in demand for goods and services. 41% consider a slight slowdown, 17% consider a strong slowdown.

27% of respondents also see stable current demand and only 15% believe that there is an acceleration, but not significant.

In accordance with according to the results of a business survey, 60% of managers warned of a possible price increase positions of their companies with which they compete, while 32% believe that they will remain stable and only 7% expect to decline in the same period.

As for their confidence in the situation, the numbers don’t change much, as most executives showed their distrust even before there were signs of a cooling in the economy.

According to Apoyo, investment confidence fell in August and the situation remains pessimistic, from -7 in July to -9 in August.

The latter indicator aims to measure the difference between the proportion of respondents who plan to accelerate investment and the proportion of respondents who plan to reduce investment.

The danger of investing

political crisis, After recent cabinet changes and accusations against President Pedro Castillo and his entourage, this continues to affect the country.

Now, in the midst of political uncertainty, economic expectations have deteriorated and remain pessimistic, according to the Central Reserve Bank (BCR).

The political crisis linked to the recent cabinet change and accusations against President Pedro Castillo and his entourage continues to affect the country.

Now, in the midst of political uncertainty, economic expectations have deteriorated and remain pessimistic, according to the Central Reserve Bank (BCR).

“The political situation has already taken a toll on business confidence, and that’s already a fact that’s affecting economic activity,” said Adrian Armas, general manager of economic research at BCR.

As of July, BCR data shows that companies’ expectations about their position in the next three months are pessimistic. In terms of investment by companies and hiring more workers, it is also clear that they are in the negative zone.

Despite this situation, Armas clarified that the price of the dollar in the country has not skyrocketed because of the economic support he has.