Sales in retail stores registered a slight fall of 0.5 percent in September compared to last August, while the accumulated figure for the first nine months of this year marked an advance of 14 percent.

In the year-on-year measurement there was an increase of 15.7 percent compared to the same month of 2020, in a context of ups and downs due to the pandemic, according to a new report prepared by the Argentine Confederation of Medium Enterprises (CAME).

However, compared to the same month of 2019, in the prepandemic, last September registered an improvement of 6.8 percent, they say of the entity.

Reopening

“September was an atypical month, where the usual seasonal sales of each sector were mixed by the normalization of the school year in almost the entire country, by the reopening of clubs, gyms, the enabling of events, the lifting of traffic restrictions, and due to the completion of purchases that had been slowed down, ”said CAME.

“The stores moved with ups and downs, with moments of high flow of people and others, where buyers disappeared from the market. At the end of September, the shortage of cash was felt, but the general balance showed an economy that is finding its recovery, “added the SME entity.

By items, during the ninth month of the current year the greatest increases in sales compared to August were in Clothing, lingerie and accessories (+3.9 percent) and Food and beverages (+3.3 percent); while the decreases corresponded to Household appliances, electronics, computers, cell phones and accessories (-7.9 percent) and Toy stores and bookstores (-6.8 percent).

Compared to September 2020, the highest variation rates were in Clothing and sports and recreation articles (+69.5 percent) and Toy stores and bookstores (+65.5 percent).

Meanwhile, with respect to September 2019 (biannual variation), the positive difference of 6.8 percent was given by the impulse “of sectors linked to school activity, leisure, recreation and work clothing, which had an atypical activity for which it’s usually September, ”CAME said.

From CAME they warned that in September there were obstacles on the part of banks in financing with cards, due to the fact that some entities substantially reduced the limits for purchases in installments and automatic overdrafts.

Facing the current month of October, businesses remain “optimistic” about sales for Mother’s Day.

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