Argentina mass consumption falls 1.5% in August, down 2.7% YTD

Argentine mass consumption dropped 1.5% month-on-month in August, with supermarkets the hardest-hit channel, extending a 2.7% year-to-date decline. The data signals persistent weakness in domestic demand amid high inflation and austerity, reinforcing recessionary conditions. The trend is consistent with recent months, with no sign of inflection.