Retail sales in Argentina rose by 120.3 percent year-on-year at current prices in November of 2022, edging higher from 120 percent in the prior month, largely due to soaring inflation in the Argentinean economy. Retail activity rose at the fastest pace for electronics and computers (159.3% vs 135.9% in October), clothing, footwear and leather goods (115.5% vs 111.4%). Meantime, sales rose at a slower pace for leisure and recreation (106.4 % vs 168.3%), food halls and restaurants (137.3% vs 148.7%), furnishings, decoration and textiles (108.2% vs 115.9%). At constant prices, retail sales in Argentina rose by 7.2 percent year-on-year, easing from the 8.2 percent yearly rise in the prior month. source: Instituto Nacional de Estadística y Censos (INDEC)
Retail Sales YoY in Argentina averaged 48.80 percent from 1998 until 2022, 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 February 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. In the long-term, the Argentina Retail Sales YoY is projected to trend around 3.00 percent in 2024, according to our econometric models.