Argentina: Supermarket and industrial confidence slump on weak consumption
Published 17 h ago3 sourcesEvidence: Reported
Argentine consumption continues to contract, with Mother's Day sales down 1.4% year-on-year, marking the fifth consecutive decline. A survey shows 65.3% of Argentines exhaust their income by the 20th of the month, indicating severe household liquidity constraints. This signals persistent demand weakness and a deepening recession, with implications for economic policy and market sentiment.
Entities
Published 17 h ago3 sourcesEvidence: Reported
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