In the month of March, the billing fell to 54.6% (vs 70.9% February), marking the impact of consumption price rise, according to a private report.
Mass consumption contracted again in March, with an interannual fall of the 5.4%according to a private report. The decline deepens the recoil registered in February, when the contraction had been of the 2.7%in a context marked by the loss of purchasing power and the persistent impact of inflation on essential products.
Something to highlight is that in March, billing fell to 54.6% (vs 70.9% February), marking the impact of consumption price rise. Nielseniq’s report also explained that the consumption of basic foods a one fell 4.5% In March. In contrast, the Non -basic foods registered a slight growth of 1.9%like candieswith an advance of 2.2%.
Together, the item food achieved a moderate increase in 0.5%but driven by non -essential items. Within the categories surveyed, the sector drinks It was the only channel that showed a net contraction. The alcoholic beverages They were the most affected, with a fall in the 10%while Without alcohol They showed a marginal rise in 0.5% compared to previous months.
Outside food, the category of Personal care and cleaning exhibited an average growth of 4.1%disaggregated in an increase in 3.8% in cosmetics and dressing table and of 4.9% in home and clothing cleaning.
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The impact of consumption inflation
The fall in consumption occurs in a strong price increase context. In March, inflation reached 3.7%mainly driven by the items of Education (21.6%) and food (5.9%)according to INDEC data.
He Consumer Price Index accumulates a rise of 8.6% in the year and an increase in 55.9% year -on -year. The price rise in vegetables, tubers, legumes, meats and derivatives It had a high incidence in all regions.
Source: Ambito
