Retail Sales in Argentina

Argentina Retail Sales | Economic News & Forecasts

Argentina - Retail Sales

The Argentine economy is expected to have remained in recession in the third quarter, battered by the turmoil in financial markets and a sharp depreciation of the peso. In the fourth quarter, economic weakness likely persisted although macroeconomic rebalancing continued: Consumer confidence was deep in negative territory in October-November, while the trade balance recorded the second consecutive surplus in October. The delicate economic situation, coupled with rising debt levels, prompted Fitch Ratings to change the country’s outlook from stable to negative, and S&P to lower its rating from B+ to B in the first half of November. Against this backdrop, the Senate approved an austerity budget in mid-November, paving the way for the approval of the second IMF review of the country a few days later which will allow the disbursement of USD 7.6 billion by the end of the year. Moreover, the primary deficit narrowed considerably in January–October, although the overall fiscal deficit widened in the same period due to surging interest payments.

Argentina - Retail Sales Data

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

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

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 Rate37.590.45 %Dec 12
Stock Market31,0812.26 %Dec 12

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form