Massive Consumption Fell Again in August and Has Already Been Declining for Nine Consecutive Months, According to a Private Report
3 Articles
3 Articles
A private report noted that in the eighth month it fell in both year-on-year and month-on-month terms.
The impact of lower purchasing power felt strong on mass consumption and services, while only funding and spot items showed signs of reactivation. Details, in the note. Private consumption showed signs of weakness again in August with a decrease of 1.2% monthly and 0.6% year-on-year. According to a private survey, the indicator accumulates nine consecutive months in negative terrain, reflecting the persistent attony in household sales and spendi…
While the government disseminated images of Corrientes Avenue filled with people to question the diagnoses of the fall in consumption, a private report showed another side of the economy: mass consumption collapsed 4.9% year-on-year in August and accumulated an annual decline of 3.2%. The general index also receded and takes nine months [...] The entry Dato kills story: Mass consumption fell again in August and already takes nine consecutive mon…
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