Retail sales in Argentina surged 729 percent over a year earlier in May of 2021, following a 3,749 percent expansion in the previous month. It marks the sixth monthly gain in retail sales after ten straight months of declines, as a re-opening economy has unleashed pent-up demand. source: Instituto Nacional de Estadística y Censos (INDEC)
Retail Sales YoY in Argentina averaged 35.91 percent from 1998 until 2021, reaching an all time high of 3749 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 July of 2021.
Retail Sales YoY in Argentina is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Retail Sales YoY is projected to trend around 5.00 percent in 2022 and 3.00 percent in 2023, according to our econometric models.