Fynsa
The February Imacec once again showed a year-over-year decline (-0.3%), which, unlike the previous month, came as a complete surprise. Now is the time to put our skills to work and try to minimize these effects on our performance.
After months of weak numbers, some recent data point to an improvement in activity. But before celebrating, it is worth taking a cautious look at what lies behind the apparent upturn.
In recent months, the increase in tourist arrivals has boosted consumption in various sectors; however, this "respite" is expected to be temporary and does not reflect a structural improvement in the local economy.
This week's massive blackout highlighted the vulnerability of our infrastructure. In addition to the economic impact, it taught an important lesson about the need for investment in key projects.
