Retail sales in Argentina surged by 204.4% year-on-year at current prices in August 2024, down from the 186.7% rise in July, largely reflecting the impact of soaring inflation. Retail activity saw notable increases across several categories, including leisure and recreation (216.4% vs. 186.7% in July), bookstores and stationery (195.4% vs. 191%), toys (200.8% vs. 166.6%), food halls and restaurants (214.1% vs. 188.4%), pharmacies and perfumes (237.7% vs. 236.1%), electronics and computers (193.6% vs. 175.9%), and clothing, footwear, and leather goods (192.4% vs. 173.8%). Adjusted for constant prices, retail sales rose by 5.3% year-on-year, a sharp improvement from the 9% contraction recorded the previous month. source: Instituto Nacional de Estadística y Censos (INDEC)
Retail Sales in Argentina increased 204.40 percent in August of 2024 over the same month in the previous year. Retail Sales YoY in Argentina averaged 56.35 percent from 1998 until 2024, reaching an all time high of 3762.90 percent in April of 2021 and a record low of -96.80 percent in April of 2020. This page provides the latest reported value for - Argentina Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2024.
Retail Sales in Argentina increased 204.40 percent in August of 2024 over the same month in the previous year. Retail Sales YoY in Argentina is expected to be 160.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Retail Sales YoY is projected to trend around 110.00 percent in 2025 and 100.00 percent in 2026, according to our econometric models.