Retail Sales in Argentina decreased 44.76 percent in January of 2016 over the previous month. Retail Sales MoM in Argentina averaged 1.15 percent from 1997 until 2016, reaching an all time high of 60.30 percent in December of 2015 and a record low of -44.76 percent in January of 2016. source: Instituto Nacional de Estadística y Censos (INDEC)
Retail Sales MoM in Argentina is expected to be -14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Argentina to stand at 2.00 in 12 months time. In the long-term, the Argentina Retail Sales MoM is projected to trend around 0.80 percent in 2020, according to our econometric models.