Companies in Argentina are bracing for challenges linked to political uncertainty, economic instability, and increased competition over the next three years, according to a recent survey by consultancy EY. The report highlights how global economic conditions, coupled with shifts in consumer behavior, are creating additional pressures for businesses in the region.
The survey found that 27% of respondents identified changes in demand and consumer preferences as key challenges, while 26% pointed to business risks and 21% cited global economic conditions. Despite these concerns, Argentine companies are focusing on operational improvements, productivity, cost management, and digital transformation to stay competitive.
In terms of international relations, perceptions are mixed. About 49% of executives anticipate positive or very positive relations with the U.S., while 51% expect relations to range from neutral to very poor. The findings are based on responses from over 1,700 executives and directors across 18 countries, including 150 from Argentina.
This period of uncertainty coincides with a broader trend of rising investments in Latin American startups, including those in Argentina, signaling both opportunities and challenges for local businesses.
— new from Reuters