Retail sales in Argentina rebounded 5.1 percent over a year earlier in December of 2020, following a downwardly revised 16.9 percent slump in the previous month. It was the first increase in sales after nine consecutive decreases, as the economy continues to recover from the pandemic. Several categories returned to growth: clothing and footwear (4.5 percent vs -24.2 percent in November), electronic equipment and computers (20.5 percent vs -45.4 percent), and toys (9.6 percent vs -8.0 percent). Also, sportswear gained steam (36.4 percent vs 19 percent). Meanwhile, drops were seen for entertainment (-91.4 percent vs -99.2 percent); food (-30.2 percent vs -48.2 percent), and bookstore and stationery (-6.6 percent vs -22.0 percent). source: Instituto Nacional de Estadística y Censos (INDEC)
Retail Sales YoY in Argentina averaged 19.68 percent from 1998 until 2020, reaching an all time high of 73 percent in February of 2020 and a record low of -96.80 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 March of 2021.
Retail Sales YoY in Argentina is expected to be 28.00 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 17.00 in 12 months time. In the long-term, the Argentina Retail Sales YoY is projected to trend around 13.00 percent in 2022, according to our econometric models.