SME retail veins rose 3.7% year-on-year in April and accumulate a 14.9% increase in the first quarter

The retail sales of SMEs showed another improvement in April, growing 3.7% year-on-year, at constant prices, but they fell 1.8% compared to March, according to a survey prepared by the Argentine Confederation of the Median Company (CAME). The data means the fifth growth followed year-on-year, after the rise of 17.7% of [...]

They accumulate an increase of 14.9% in the first quarter of the year, although in relation to the previous month all the items had decreases

(Argentina News) – Retail sales of SMEs showed another improvement in April, growing 3.7% year-on-year, at constant prices, but fell by 1.8% compared to March, according to a survey prepared by the Argentine Confederation of the Median Company (CAME). The data means the fifth growth followed at year-on-year level, after the rise of 17.7% December, of 25.5% January, of 24% in February and of 10.5% in March. Thus, sales accumulate an increase of 1…

This is indicated in the new report of the Argentine Confederation of the Median Company (CAME), which also pointed out that there was a fall of 1.8% compared to March. He emphasized that the trade goes through a "complex context", but with "optimism" by 2026.

With regard to priority policies, 86.7% of the entrepreneurs surveyed said that the government should implement a short-term tax reduction to support the SME sector, followed by measures aimed at stimulating domestic demand.During April, trade went through a complex context: sales remained stable or slightly active, but with very low margins due to the high cost of services, taxes and rents. Low purchasing power limited consumption, and many bus…