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Argentina Mother's Day retail sales fall 1.4% YoY, fifth straight annual decline

CAME survey shows SME retail sales for Mother's Day fell 1.4% year-on-year, marking the fifth consecutive annual decline. Consumers traded down to cheaper gifts and used financing, reflecting persistent weak domestic demand. The data points to continued consumption contraction in Argentina amid high inflation and low purchasing power.

Perfilabout 22 hours agoARCredibility 33%View source

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Mosaic Score2.0
Model confidence0.5
Significance0.1
Source credibility0.3
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