He Consumption of goods and services grew 2.9% interannual in February and It rose 0.3% desestationalized compared to the previous monthaccording to the measurement of the Argentine Chamber of Commerce and Services (CAC).
This data arises from Consumer indicator (IC) which reflects the evolution of household consumption in final goods and services with a monthly periodicity, expanding and complementing the information contributions made by the Chamber to the monitoring of trade and economic activity.
In the first bimester of the year, the indicator shows a growth of 3.1% against the first 2024 bimester. Beyond the positive value of the second month of the year, it should be noted that last year’s comparison base is low. “In spite of this, the de -stationalized index shows an increase of 0.3% vs. January, which reflects the continuity in the improvement in the level of household consumption,” they said of the Cac.
This occurs in an economic scenario in which inflation, after the drastic descent registered throughout 2024, crossed a slight acceleration in February, traced mainly due to a considerable increase in the price of meat. In February 2025, the monthly was 2.4%, with an interannual of 66.9%and an annual accumulated of 4.7%.
Stability stimulates the financing of mass and durable consumer goods
Nominal stability plays a fundamental role in stimulating the financing offer of both mass consumption and durable goods. The available income of households maintains an upward trajectory, above inflation levels, and should positively trace consumption in the coming months.
The performance of the Argentine economy and consumption show similar behavior, which is expressed in interannual variation rates that usually increase or reduce in the same line. In much of the 2024, the interannual variations of both the IC and the EMAE presented a negative behavior. In December, EMAE registered an interannual advance of 5.5%, closing the year with positive value despite the fact that the comparison base was low. The de -stationalized series, meanwhile, showed an advance of 0.5% compared to November, continuing with the growth month by month. This increase in the activity indicator was aligned with what happened with the IC during the same month.
Consumption of goods and services: items that uploaded the most
Clothing and footwear showed in the second month of the year a growth of 3.3% AI, with a positive contribution of 0.2% to the advancement of 2.9% IC, after a process of deceleration of falls in the previous months.
On the other hand, Transportation and vehicles showed a growth of 3.7% In February, contributing positively 0.5% to the interannual variation of the IC. The item was traction by the Automobile patent progressthat threw an interannual variation of 68%.
Recreation and culturemeanwhile, showed in February a growth of 5% IA with a positive contribution of 0.3 pp to IC. The section of Housing, Rentals and Public Services showed a rise in 0.8% Ia In February. The electrical demand remained in tune with that of last year, but the highest relative price traction the index slightly up.
With respect to the rest of the items, they experienced a 3% advance in February (and an incidence of 1.7 pp), positioning in 0.6% levels below prepaandemics levels.
Source: Ambito
