Argentina: Supermarket and industrial confidence slump on weak consumption
Published 2 d ago3 sourcesEvidence: Reported
Argentina's supermarket sales contracted 0.8% in August, marking the third consecutive monthly decline and leaving volumes 2.8% below year-end levels. The drop aligns with falling real wages, lower registered employment, and reduced disposable income, indicating sustained domestic demand weakness. This reinforces expectations of continued economic contraction and potential further policy adjustments.
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