The Argentine Confederation of Medium Enterprises (CAME) announced today that retail sales grew 11.4% in July compared to the same month of 2020 and 3.3% compared to last June.

“The recovery of consumption took some strength in July with the relaxation of restrictions, bonuses, and the increase in transfers from the State to families,” said the entity in a report, in which it also specified that with respect to the same In the month of 2019, in the prepandemic, last July sales reflected a decrease of 10.6%.

In the year-on-year comparison, in July 73% of the businesses that participated in the survey said that they had “positive real variations” in terms of sales, in a context in which for the next three months “expectations do not finish consolidating in an uptrend, as only half of the entrepreneurs surveyed believe that they will increase. “

Compared to last June, sales grew 3.3%, led by the categories Tires and spare parts for cars and motorcycles (+ 8.6%), Toy stores and bookstores (+ 7.3%) and Footwear and leather goods (+5, 3%).

On the contrary, there were falls of 2.4% in Clothing, -1.4% in Pharmacies and -0.9% in Food and Beverages.

Compared to July 2020, the 11.4% rise in retail sales was mainly explained by the Toy stores and bookstores (+ 31.3%), Clothing (+ 29.4%) and Sports and recreation clothing and items. (+ 27.8%).

In the inter-annual comparison, there were decreases in Pharmacies (-6.4%) and Hardware stores. Electrical and construction materials (-1.3%).


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