In a context of falling real wages, sales in supermarkets fell to a minimum of 2025. In addition, in wholesalers the data was the worst since there are records.
Consumption deepened its fall in Julyaffected by the fall that real wages have been suffering in recent times. In supermarkets, The sales level backed a minimum of 2025while in wholesalers the figure was the lowest since there are records.
This Tuesday INDEC reported that the index of Sales in supermarkets fell 2.1% compared to June, the deepest negative variation since December 2023first month of the Government of Javier Milei that had been crossed by a strong devaluation of the peso. Although so far this year an accumulated improvement of 3.5% versus 2024 is verified, sales are already below the level of last year, after chaining their fourth consecutive monthly diminish.
In interannual terms, a slight improvement of 1% was verified. The main increases were seen in meats, prepared foods and rotisería, and clothing. At the other extreme, real falls in fruits and vegetables, cleaning items, drinks and dairy products.
As for the means of payment, the annual increase in the use of “other means of payment” was highlighted, within which are, for example, for example, the OPERATIONS WITH QR. Credit card purchases exhibited a slight rise, while the use of debit and effective cards was reduced.
Wholesalers and shopping and also suffered the fall in consumption
In parallel, In wholesale self -services, consumption contracted 0.8% versus June, to score the worst brand since INDEC started the desestationalized series, in January 2017. Regarding a year a decline was also verified, in this case of -6.3%.
In this segment, only meat and clothing grew. While the worst landslides threw them electronics products, cleaning and dairy items.
Along the same line, Shopping Sales collapsed 9.5% year -on -year In the seventh month of the year. It was about Worse data since May 2024.
At the product level, the most worrying casualties were verified in electronic, clothing, and bookstore. At the regional level, the setbacks highlighted in the north and in Greater Buenos Aires.
Source: Ambito
