US EditionMore and More Families Are in Debt to Shop at the Supermarket, According to a Uba Report
6 Articles
6 Articles
Much of the households would be using debt to cope with monthly basic consumption, and consumption is still falling
The new pattern of household consumption would reflect the weakness of the domestic market, according to a study by the UBA.
Along with the fall in mass consumption in Argentina, the buying habits of food in supermarkets and self-services were also changed.According to the latest report from the RA Center of the Faculty of Economic Sciences of the University of Buenos Aires (UBA), compared to data from two months ago, the demand for goods deepened the decline. In parallel, the use of credit card in these supermarket purchases increased from 39% to 45% between December…
A report by the UBA RA Center reveals that the use of credit cards in supermarkets grew from 39% to 45% between December 2023 and May 2025.
The use of credit cards to deal with basic monthly consumptions grows and, in addition, the late payment rises. A report by the RA Center of the Faculty of Economic Sciences of the University of Buenos Aires (UBA) shows that it increased the use of credit card in supermarket purchases: it went from 39% to 45% between December 2023 ... Almost half of Argentines are indebted to buy in supermarkets Read more »
Domestic consumption continues to decline. According to the "Sales and Consumption" report prepared by the Faculty of Economic Sciences of the University of Buenos Aires (UBA), wholesale self-service sales registered an 8.4% year-on-year decrease in August, while supermarket sales increased by a mere 0.34%, with a monthly drop of 0.23%. Credit cards remain the primary means of purchase. Domestic consumption continues to decline.
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