Retail sales in Argentina slumped 73 percent over a year earlier in July of 2020, following an 82.2 percent plunge in the previous month. It was the fifth consecutive drop in retail trade, amid lockdowns due to the coronavirus pandemic. Biggest declines were seen entertainment (-100 percent); food (-82.6 percent); toys (-78.8 percent); clothing and footwear (-75.5 percent); bookstore and stationery (-73.8 percent); and electronic equipment and computers (-69 percent).

Retail Sales YoY in Argentina averaged 20.77 percent from 1998 until 2020, reaching an all time high of 72.80 percent in February of 2020 and a record low of -96.90 percent in April of 2020. This page provides the latest reported value for - Argentina Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Retail Sales YoY in Argentina is expected to be -45.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Argentina to stand at 20.00 in 12 months time. In the long-term, the Argentina Retail Sales YoY is projected to trend around 17.00 percent in 2021 and 13.00 percent in 2022, according to our econometric models.

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Argentina Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-73.00 -82.20 72.80 -96.90 1998 - 2020 percent Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-24 07:00 PM Apr -97.6% -32.8% -40%
2020-07-23 07:00 PM May -93.1% -97.6% -80%
2020-08-24 07:00 PM Jun -82.2% -92.9% -90%
2020-09-23 07:30 PM Jul -73.0% -82.2% -78%
2020-10-26 07:00 PM Aug -73% -64%
2020-11-26 07:00 PM Sep -45%
2020-12-21 07:00 PM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Argentina Retail Sales Drop for 5th Month
Retail sales in Argentina slumped 73 percent over a year earlier in July of 2020, following an 82.2 percent plunge in the previous month. It was the fifth consecutive drop in retail trade, amid lockdowns due to the coronavirus pandemic. Biggest declines were seen entertainment (-100 percent); food (-82.6 percent); toys (-78.8 percent); clothing and footwear (-75.5 percent); bookstore and stationery (-73.8 percent); and electronic equipment and computers (-69 percent).
2020-09-24
Argentina Retail Sales Drop 82.2% YoY
Retail sales at current prices in Argentina plummeted 82.2 percent year-on-year in June 2020, after dropping a downwardly revised 92.9 percent in May. It was the fourth consecutive decline in retail trade, amid lockdowns due to the coronavirus pandemic. Sales continued to drop for entertainment (-100 percent, the same as in May); toys (-91.2 percent vs -98.4 percent); clothing (-73.6 percent vs -96.8 percent); electronic equipment & computers (-83.8 percent vs -96.1 percent); and perfumery & pharmacy (-63.6 percent vs -67.6 percent).
2020-08-24
Argentina Retail Sales Plunge 93.1% YoY in May
Retail sales at current prices in Argentina plummeted 93.1 percent year-on-year in May 2020, after dropping a downwardly revised 97.6 percent in April. It was the third straight contraction, amid business amid business closures and lockdowns due to the coronavirus pandemic. Biggest declines were seen in entertainment (-100 percent vs -100 percent in April), toys (-98.4 percent vs -99.9 percent), clothing (-96.8 percent vs -100 percent), and electronic equipment & computers (-96.1 percent vs -99.9 percent). Perfumery & pharmacy dropped the least, falling 67.6 percent after falling 71.4 percent in the previous month. Year-to-date, retail sales are now down 26.6 percent.
2020-07-23
Argentina Retail Sales Drops at Record Pace
Retail sales at current prices in Argentina plummeted 97.6 percent year-on-year in April 2020, after dropping a downwardly revised 32.9 percent in March. It was the largest decline in retail trade on record, amid business closures and lockdowns due to the coronavirus pandemic. Biggest declines were seen in clothing (-100 percent vs -32.5 percent in March), entertainment (-100 percent vs -52 percent), toys (-99.9 percent vs -35.3 percent), and electronic equipment & computers (-99.9 percent vs -34.1 percent), furnishings (-99.9 percent vs -32.4 percent), and food (-96.5 percent). Perfumery & pharmacy dropped the least, falling 71.4 percent after rising 3.5 percent in the previous month.
2020-06-24

Argentina Retail Sales YoY
In Argentina, retail sales measure the annual change in the value of retail sales in shopping malls in the greater Buenos Aires area.