Argentina Retail Sales Growth Cools in October
Argentina’s retail sales continued to rise in October, but at a slower pace, with inflation masking a decline in real (constant price) sales.
Retail sales up 15.1% YoY in October, down from 18.9% in September
Strong nominal growth in food courts, furniture, books, and toys
Buenos Aires City sales rose 17.0%, Greater Buenos Aires 13.4%
At constant prices, sales fell 4.7% YoY, signaling weak real demand
Inflation remains a key factor distorting headline growth
#RetailSales# #economicindex# #Inflation# #ConsumerPriceInflation#
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