Argentina Household Consumption Drops 1.1% YoY in August, CAC Index Shows

Argentina's household consumption fell 1.1% year-on-year in August, driven by a sharp decline in transport and vehicle registrations, per the Cámara Argentina de Comercio. The data signals continued weakness in domestic demand amid ongoing economic adjustment. This is consistent with recent recessionary trends, but the magnitude of the decline in a key category suggests persistent consumer strain.