Massive Consumption Fell 1.2% in September
20 Articles
20 Articles
It was year-on-year; sales decreased 1% compared to August, according to data from the specialist consultant Scentia; they accumulate a decrease of 2.7% in the year
They dropped 3.7% year-on-year and accumulated eight months of fall. Self-service wholesalers sold 3.6% less than a year ago; while shopping, 3.7% more.
Indec reported an annual decline of 3.7% in supermarket sales and 3.6% in self-service wholesalers in August. Scentia’s consultancy revealed a fall between August and September of 5.3% in supermarket consumption, 3.9% in e-commerce and 6.7% in wholesalers. Milei’s obvious response to ridicule: to reach the end of the month, Argentines have no choice but to restrict basic consumption.
On Thursday, INDEC disseminated the surveys of supermarkets, wholesalers and August shopping centers: 3.7% and 3.6% fell year-on-year real, and shopping rose 3.7%. The credit card concentrates almost half of the turnover of the super and the QR already explains one in six pesos. Patagonia led the nominal rise in shopping, with 32.2%.
Massive consumption recorded a 1% decline from the previous month in September and was 16% below the levels of January 2023, according to the latest measurement by the consultant Scentia. The result of the month was attracted mainly by the contraction of sales in supermarkets, wholesalers and e-commerce. With this [...]
Consumption in supermarkets fell for the third consecutive month in August and remained minimal in more than two years. Forward the prospects are also not encouraging. This Thursday the INDEC reported that sales had a decrease of 0.8% compared to July. Thus, the seasonalized series of the organism touched its value [...] The entry Sales in supermarkets fell for the third consecutive month in August was first published in Diario San Rafael.
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