Retail sales in Argentina soared by 151.2 percent year-on-year at current prices in January of 2023, accelerating from 113.7 percent in the prior month, due to soaring inflation in the Argentinean economy. It was the highest gain since July 2022 as retail activity rose at a faster pace for clothing, footwear and leather goods (154.1% vs 111.6% in December); leisure and recreation (216.7% vs 26%) and food halls and restaurants (180% vs 137.1%). Meantime, sales rose at a slower pace for electronics and computers (141.5% vs 153.5%) furnishings, decoration and textiles (133.7% vs 113.1%). At constant prices, retail sales in Argentina jumped by 21.6 percent year-on-year, following the 2.2 percent yearly rise in the prior month. source: Instituto Nacional de Estadística y Censos (INDEC)
Retail Sales YoY in Argentina averaged 49.35 percent from 1998 until 2023, reaching an all time high of 3762.90 percent in April of 2021 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 2023.
Retail Sales YoY in Argentina is expected to be 78.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.