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Sales in supermarkets and wholesalers sank up to 21.2% in April

Sales in supermarkets and wholesalers sank up to 21.2% in April
Sales in supermarkets and wholesalers sank up to 21.2% in April

In April, supermarket sales plummeted 17.6% compared to the same month in 2023. While if wholesalers are taken into account, the drop widens to 21.2%

Reuters

The contraction in consumption was strongly evident in April. Thus, supermarket sales plummeted 17.6% compared to the same month in 2023. While if wholesalers are taken into account, The fall widens to 21.2%, reported this Wednesday, June 19 he National Institute of Statistics and Censuses of the Republic (INDEC).

Among the published data referring to purchases in supermarkets, the accumulated January-April 2024 fell 13% compared to the same period in 2023. In April, also, the seasonally adjusted series index showed a decrease of 3.3% compared to the previous month and the trend-cycle series index registered a negative variation of 0.9% compared to March.

What concerns to wholesale supermarkets, The accumulated January-April 2024 decreased 11.9% compared to the same period in 2023. In April 2024, for its part, the seasonally adjusted series index showed a decrease of 2.4% compared to the previous month and the trend-cycle series index registered a negative variation of 1.9% compared to March.

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As for the shopping malls and shopping centers, sales decreased 23.8% year-on-year in April 2024 and accumulated a decrease of 19.1% in the first quarter. So The values ​​are at the worst level since the pandemic when there were strong restrictions due to the contagion of Covid-19.

Source: Ambito

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