According to a recent report, Almost half of Argentines use credit card to buy food in supermarkets. The period analyzed from December 2023 to May 2025 and showed that this use “increased significantly.”
The data arose from a report from the Center for Studies for Argentine Recoverydependent on the Faculty of Economic Sciences of the UBA. Thus, “between December 2023 – Instest of the management of Milei – and May 2025, the use of credit cards to make supermarket purchases increased significantly,” says the document.
Almost half of Argentines buy credit card foods
This dynamic suggests that “a growing proportion of households would be appealing to indebtedness to cover monthly basic consumptionsuch as food, hygiene products and essential items. “
On the other hand, the report indicated that “despite the beginning of An incipient economic recovery In the second quarter of the year, the Demand for goods still shows signals Clear recovery. “
According to May 2025, wholesale sales “about 5% were contracted in interannual termsdespite registering a slight increase – 1%inferior – compared to the previous month. “In the case of supermarkets, there is an” interannual increase of 6.1%, although with a monthly drop of 1.2%“
Thus, according to the center, in May the sales of wholesalers approximately 34% below the level registered at the beginning of Milei’s management were located, while those of supermarkets remained around 28% below.
Low in sales and stock disrupt
After 29 months of management, the Sales level both wholesalers and supermarkets “He has failed to recover the values of the beginning of the mandate,” next to a series of accumulated sales falls.
At the time of breakdown in this regard, the analysis indicates that “although it is recorded Sustained growth in supermarkets During the last five months this has not been enough to compensate for the previous fall, which generates that The accumulated fall in sales of supermarkets during management close to 7%“
On the other hand, “wholesale sales deepened their setback from the change of government,” with a 19%contraction. In relation to this factor, they indicate a process of “Stocks disrupt by supermarkets, which would be selling merchandise acquired in previous periods without replacing it via wholesale purchases. “
Source: Ambito
