Tag: Industriales Pymes Argentinos (IPA)

• Monday, June 10th 2024 - 21:19 UTC

  Gloomy future for SMEs in Argentina, studies find

  

  According to a survey published by the Argentine Confederation of Medium-Sized Companies (CAME) report released Monday in Buenos Aires, retail sales in Argentina fell 7.3% year-on-year in May as President Javier Milei's chainsaw economic policies took a deeper toll on the purchasing power of the population.

• Friday, April 26th 2024 - 20:59 UTC

  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.