This was stated by the current Buenos Aires Minister of Economy, Pablo López. He said that “there is no recovery of consumption, the main component of aggregate demand. In the 1st Bimmer of 2025, Total sales fell more than 11% compared to the same period of 2023“
The statistics set forth by the provincial official point out that “in February, sales in national supermarkets were positioned 8.3% below the level prior to the assumption of the national government.” “The drop in income from Argentine families continues to deteriorate consumption levels “he analyzed.
Finally, López said that “the economic plan promoted by the National Government derives in a fall in the purchasing power of most Argentines. In addition, it is destroying jobs persistently. This model is unfeasible for the welfare of the population“
Sales in supermarkets in February 2025
As reported by INDEC This Wednesday, the turnover in supermarkets backed down a 0.3% monthly, while in annual terms there was an improvement in 1.5%although considerably less than January. Also, in wholesalers the monthly decline was 1% and, in relation to February 2024, a 9.1% collapse was perceived.
At the product level, in supermarkets the main annual increases were glimpsed in the consumption of clothing, Electronics and Rotisería Food Equipment. At the other end, the biggest casualties were in cleaning items, warehouse products and drinks. In wholesalers there were only increases in clothing and electronics, highlighting declines throughout the food and beverage segment.
Sales siestationalized supermarkets.jfif
Regarding the means of payment, The rise in “other means of payment” was highlighted, which includes payments with QRamong others. In the case of wholesalers are already close to representing most transactions (27.6% vs 29.1% of credit cards).
For March new falls are expected
This week, a Nielseniq report showed that mass consumption deteriorated 5.4% year -on -year in March. In basic foods the decrease was 4.5%, compensated by a slight growth of 1.9% in Non -basic foods.
This occurred in the middle of a Inflation accelerationwhich was 3.7% in general terms and almost 6% in food. The price rise in vegetables, tubers, legumes, meats and derivatives It had a high incidence in all regions.
Source: Ambito
