Retail sales at current prices in Argentina plunged 32.9 percent year-on-year in March 2020, after jumping a downwardly revised a 72.4 percent in February. It was the largest decline in retail trade since January 2002, amid business closures and lockdowns due to the coronavirus pandemic. Biggest declines were seen in entertainment (-54.4 percent); clothing & footwear (-37.7 percent); toys (-36.7 percent); and electronic equipment & computers (-34 percent). In contrast, sales of perfumery & pharmacy rose 0.8 percent. In real terms, retail sales plummeted 56.6 percent, following a 10.9 percent rise in February.

Retail Sales YoY in Argentina averaged 22.37 percent from 1998 until 2020, reaching an all time high of 72.70 percent in February of 2020 and a record low of -40.30 percent in January of 2002. 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 May of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Retail Sales YoY in Argentina is expected to be 18.00 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 15.00 in 12 months time. In the long-term, the Argentina Retail Sales YoY is projected to trend around 17.00 percent in 2021, according to our econometric models.

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Argentina Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-32.90 72.40 72.40 -40.30 1998 - 2020 percent Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-26 08:00 PM Dec 44.4% 58.7% 40%
2020-03-27 07:00 PM Jan 52.1% 44.4% 32%
2020-04-23 07:00 PM Feb 72.7% 52.1% 45%
2020-05-26 07:00 PM Mar -32.9% 72.4% 10%
2020-06-24 07:00 PM Apr -32.9% -40%
2020-07-23 07:00 PM May
2020-08-24 07:00 PM Jun 18%
2020-09-23 07:00 PM Jul


News Stream
Argentina Retail Sales Fall the Most in Over 18 Years
Retail sales at current prices in Argentina plunged 32.9 percent year-on-year in March 2020, after jumping a downwardly revised a 72.4 percent in February. It was the largest decline in retail trade since January 2002, amid business closures and lockdowns due to the coronavirus pandemic. Biggest declines were seen in entertainment (-54.4 percent); clothing & footwear (-37.7 percent); toys (-36.7 percent); and electronic equipment & computers (-34 percent). In contrast, sales of perfumery & pharmacy rose 0.8 percent. In real terms, retail sales plummeted 56.6 percent, following a 10.9 percent rise in February.
2020-05-26
Argentina Retail Sales Gain Steam
Retail sales at current prices in Argentina increased 72.7 percent year-on-year in February 2020, well above a 52.1 percent rise in January and ahead of a national lockdown announced in March to curb the pandemic. Biggest increases were seen for entertainment (86.3 percent), clothing & sports accessories (82.6 percent), and perfumery and pharmacy (78.6 percent). In contrast, sales of electronics expanded 47.1 percent and for bookstores 54.5 percent. In real terms, retail sales surged 10.9 percent after a 1.9 percent decline in January.
2020-04-23
Argentina Retail Sales Gain Steam
Retail sales at current prices in Argentina increased 52.1 percent year-on-year in January 2020, well above a 44.4 percent rise in December. Biggest increases were seen for perfumery and pharmacy (69 percent), clothing & sports accessories (64 percent), and others (76.5 percent). In contrast, bookstore sales expanded 35.5 percent, while electronics expanded 35.9 percent. In real terms, retail sales declined 1.9 percent after contracting 6.8 percent in December.
2020-03-27
Argentina Retail Sales Lose Steam
Retail sales at current prices in Argentina increased 44.4 percent year-on-year in December of 2019, well below a downwardly revised 58.7 percent rise in November which was the second largest gain since February of 2003. Biggest increases were seen for perfumes and pharmaceutical goods (64.3 percent), others (62.8 percent), and furnishings & home textiles (53.8 percent). In contrast, entertainment expanded at the softest rate (16 percent). In real terms, retail sales declined 6.8 percent after expanding 3.9 percent in November.
2020-02-26

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.