Retail Sales in Argentina

Argentina Retail Sales | Economic News & Forecasts

Argentina - Retail Sales

On 5 April, the IMF unlocked a USD 10.8 billion financing tranche to be disbursed to Argentina on 9 April, part of the revised USD 56.3 billion stand-by agreement reached in October to protect the peso and help revive the economy. The Fund praised the government for outperforming its 2018 primary deficit target but also urged it to further cut spending and adopt pro-growth, market-liberalizing reforms. To strengthen the credibility of the government’s reform agenda, in late March the finance minister proposed a new Central Bank charter which forbids monetary financing of fiscal deficits. This comes amid a still-difficult economic situation: After contracting sharply in Q4, economic activity shrank again in January, while inflation remains stubbornly high. Nonetheless, in February, Argentina posted its sixth consecutive trade surplus and second primary fiscal surplus, which suggest macroeconomic imbalances are gradually healing.

Argentina - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)26.7  37.3  27.3  26.2  20.8  

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Argentina Retail Sales Chart


Argentina Retail
Note: Annual variation of retail sales in %.
Source: National Statistical Institute (INDEC) and FocusEconomics calculations.

Argentina Facts

ValueChangeDate
Bond Yield6.690.15 %Dec 17
Exchange Rate42.510.45 %Apr 22
Stock Market30,7872.26 %Apr 22

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