“Especially in the first semester, it was the interior of the country that showed good results from the good performance, up to that period of time, of the regional economies, domestic tourism and sales in border areas, to name the highlights”, said Osvaldo Del Río, director of Scentia. In fact, in the AMBA area there was a drop in mass consumption of 0.5% over the past yearwhile in the Interior there was a growth of 3.6%
Also, “Both the supermarket chains and the independent self-services closed the year positively, despite the decline in recent months of this local format”. In fact, small businesses rose 0.8% while large chains did so by 3.1%.
Only hygiene and cosmetic baskets and laundry and home cleaning had a setback, although not very important (-0.8% and -1.8% respectively). The item that grew the most was “impulsive”, climbing 12.3%. “Food”, for its part, rose 0.7; while alcoholic beverages accounted for 4.7% and non-alcoholic beverages 3.5%.
The study also highlighted that the weighted average price ends the year accelerated by more than 96%, in a trend that is related to the inflation data published by INDEC.
looks
For its part, according to a report recently prepared by the consulting firm Abeceb, it was highlighted that last year sales in supermarkets increased “only 1% in real terms compared to 2021pressured by the lower purchasing power of consumers that led more families to rearrange consumption habits and cut expenses, opting for second brands and organizing monthly purchases to earn a few pesos from inflation.
“More than 50% of the population decreased purchases of basic goods in the food and beverage category, which would close the year with a production close to 4.1%”, they detailed from the firm, and projected: “For 2023, a slowdown in overall production within the sector is expected to 3.9%. Consumption will be subject to the evolution of real wages and to some extent to the continuity of the Programs (such as Fair Prices) that step on the prices of the basic basket”.
Precisely, when focusing on inflation and the loss of purchasing power, Damián Di Pace, director of the Focus Market consultancy, pointed out: “In seasonal terms, the food basket outside Fair Prices increased an average of 5.4% in December. In the case of beverages, the average price increase for the category was higher by 7.2%. The category with the highest average increase in December was ‘Snacks and Breakfast’ with an acceleration of 8.5% monthly average. On a year-over-year basis, dairy products rose the most with an average increase of 141.6%.”
“The pockets of the Argentines have different situations. Registered wage earners earn on average against inflation in the last two months. However, they lose in all the accumulated of the year. The unregistered, who are the ones that grow the most in volume as monotributistas and self-employed self-employed, cannot sustain their standard of living with enormous tax pressure and with income liquefied by inflation. In the case of informal workers, the situation is even more serious,” Di Pace added.
Source: Ambito
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