SME retail sales fell 0.5% annual in June

SME retail sales fell 0.5% annual in June

Despite the improvement compared to 2024, most of the items showed decreases of up to 6.2% per month in June. The most affected, was perfumery and bazaar.

In June, retail sales of small and medium enterprises had an interannual drop of 0.5% at constant prices. In the comparison with the previous month, a 6.7%decrease was also verified, according to the Argentine Confederation of Medium Enterprises (CAME). However, in the first half of the year Sales accumulate year -on -year growth of 9.1%. This reflects some recovery against the decrease of 17.2% they had experienced during the same period last year.

Regarding the economic situation of shops, 58.3% indicated that they remained with respect to the previous year, while 27.5% said it got worse. However, 50% of respondents believe that the economic situation of their business will improve for next year, while only 7.8% estimate that it will be worse.

For its part, Some items experienced specific increases driven by purchases for Father’s Day And the collection of the bonus, although these rebounds failed to significantly modify the general market trend, which continues to show signs of fragility.

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Consumption has been showing a deceleration four months ago

Consumption has been showing a deceleration four months ago

In the analysis by item, it was observed that, of the seven sectors relieved, five registered year -of -year growth. Food and drinks led with an increase of 1.8%, followed by Pharmacy (1.3%), Hardware store, electrical and construction materials (0.7%), Bazaar, decoration, home and furniture textiles (0.4%) and, finally, Perfumery (0.2%). On the other hand, two items presented falls: Footwear and leather goodswith a decrease of 5.2%, followed by Textile and clothingwith a decrease of 4.7%.

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Several businesses reported lower levels of billing and reduction in the influx of customers. However, demand levels are maintained in digital channels and through aggressive price strategies. In seasonal sectors, climatic conditions positively influenced monthly performance.

End of simple quota: the impact on shops and the new initiative

In this scenario of Fragile consumptionthe end of the program Simple quota raised an additional challenge for SMEs shops that depend on financing in installments to support their sales. In response, CAME managed the creation of MSME fees, a new system that since July 1 allows adhered shops to offer 3 or 6 installments with promotional rates and Without amount of amount, contemplating the same items as the previous plan. This initiative seeks to provide small and medium enterprises a key tool to stimulate demand and strengthen the competitiveness of Pyme retail trade in a context of falling consumption, they expressed from the Chamber.

Source: Ambito

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