In the midst of the fall in consumption, the government extended until the end of the year the program Ahora 12

In the midst of a prolonged decline in consumption, the government will revive until the end of the year the Now Plan 12 to allow installments without interest. The novelty in the financing program will be the inclusion of the purchase of LED lamps in six installments.

The Ministry of Production, which is now headed by Dante Sica, reported Sunday that the plan will continue until the end of the year. The government observed that, in a context of return of consumption due to the acceleration of inflation and the rising dollar, the first quarter of the year had been the most important since the implementation of the program. .

"In April 2018, 48% of sales were made in 12 installments, 24% in 6 installments, 16% in 3 installments and 12% in 18 installments. Incorporation Now 3 and Now 6 in April April boosted program sales: since its inception, they have billed more than $ 48,400 million, with more than 32.8 million operations, "explained the production portfolio in a statement. " Now 12 is renewed until the end of the year to provide predictability to consumers, traders and the domestic industry, this program is a key tool to promote the consumption of goods and services produced in our country, with the possibility of buying in installments, "said Sica.

Continuity of the program is part of a prolonged decline in mbad consumption. Retail sales in small and medium-sized enterprises fell 4.2% in June from the same month last year, measured at constant prices, while accumulating a decline 2.8% in the first half of the year, according to a report by the Argentine Confederation of Medium Enterprises (CAME).

However, "the volatility of the dollar and the deterioration of the purchasing power of families have reduced spending decisions, especially durable goods," said the CAME in its survey published Sunday.

One of the novelties of the program will be the inclusion of LED lamps: they can be paid in 3 or 6 times . The government has encouraged the purchase and use of this type of lighting to reduce the consumption of electricity in homes and even published a "calculator" so that users can estimate how much money they would save on their electricity bills LED lamps. Now 12 and Now 18 are available to buy white goods, clothing, footwear and leather goods, materials and tools for construction, furniture, bicycles, motorcycles, tourism, mattresses, books, books, 4G cell phones, toys and board games, computers, laptops and tablets, tires, accessories and spare parts for motor vehicles and motorcycles, electrical apparatus for LED lighting, musical instruments and televisions. Now 3 and Now 6 meanwhile, are available for footwear, clothing, leather goods, toys, table games and now also for LED lamps .