What will the economy be like this year? This is the question business leaders traditionally get together for these dates. APD And IT HAPPENED. Last year, in 2022, his predictions were out of date a few weeks later. Vladimir Putin He decided to invade Ukraine At the end of February, and thus accelerating the inflationary cycle that has left its mark on today’s international economic panorama.
What will the economy be like in 2023? european patisserie, ficosa or listed fluid at the headquarters Col legi d’Economistas. The synthesis of common sense was laid on the roundtable by the corporate general manager of Ficosa. Joseph Maria Serra: “The main concern is how we will continue to pass on the predictable increase in costs to prices”. So there is dynamism, there is investment prospects, the economy will not stop but – for the time being – high prices, companies will have to continue to be challenged and live with headaches (or something else). family economies.
“volatility“—other forums call it “uncertainty”—this became the favorite slogan of respondents to evaluate their mostly good forecast for 2023. By the chairman of the Social Economy Council (CES), Anton Costas.
On the same Tuesday, Randstad updated the remuneration data among senior executives, 100,000 € fixed salary of an SME (excluding variables), 275.000 € on average, as much as the top manager of a large company earns. Regarding this last reference, slightly less than half of the approximately €400,000 received by the CEOE employer leader, Antonio Garamendi.
Going back to the pools and the state of the economic problem for 2023, “could be a good year with some shadows,” the UPF rector summed up, Oryol Amat. This moderate optimism, which contradicts the fatalism and recession forecasts voiced by various voices last summer, was confirmed by the European Commission, which this Tuesday revised Spain’s growth upwards and forecast 1.4% for 2023.
Good prospects despite high inflation
“The economy is relatively strong,” said Fluidra’s chief financial officer. Xavier Tintore. “Consumption volumes are good and healthy, no major alarm signals,” the Europastry counterpart confirmed. Joaquim Baulo. “We anticipate sales increases of 4-6 percent. Chinese“confirmed Serra (Ficosa).
Expectations are good, speakers indicated that inflation will not return to below 2% this year, as central banks claim. according to recent estimates funcasCPI will close the year at the end of the year. 3.8%, half of a year ago, but still well above pre-invasion records. The challenge expressed by the managers is to keep up with these cost increases in prices without losing customers.
A “new social contract” for a “new era”
CES head Antón Costas closed the day by calling for a “configure”.new social contract“responding to someone’s difficulties”new Age”states and economies must coexist with this persistent uncertainty, and one of the formulas for minimizing it is to restructure and clarify “who is responsible for what”. In this sense, he praised the diverse response of both national and international governments to the covid crisis through public spending and spending. social protectionIn contrast to the austerity-based response to the 2008 crisis.
“The prices of some of the products will continue to be high” [durante los próximos meses] and that poses a problem for certain groups,” Costas warned, advocating protections for the most vulnerable incomes. We need good jobs for everyone, even though he warns that “we cannot solve all problems with just redistribution—more taxes and more spending.” will be”. In an economy committed to innovation, the now critical element of price will lose its weight.
Source: Informacion
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