Retail sales fell 4.2% in June



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FEDERAL CAPITAL ( ANDigital ) Retail sales by SMEs ended the month of June with a drop of 4.2% compared to the same month of last year, measured at price constant, and accumulated 2.8% in the first half of the year

According to the data of the Chamber of Medium-sized Enterprises in Argentina (CAME), compared to the month of May, they rose by 15.7% (without seasonally adjusted ) in the monthly comparison, and explains that in the sixth month of the year is Father's Day and start aguinaldo advances that have injected more liquidity into the consumer market.

However, the volatility of the dollar and the worsening of the purchasing power of families have retracted spending decisions, especially from durable goods. They also did not help the general strike, the truckers and the national team games (which mobilized only certain items), which remained empty and reduced sales to trade. SMEs.

Keep in mind that as of June 2017 1.4% decline, reflecting the difficult situation that the sector is going through.

In June of this year, only 24.3% of the companies consulted had annual sales increases (in May 25.8% and in April, 32.8%). On the other hand, 64.9% had negative variations and 10.7% remained unchanged

In addition to weak sales, traders had to face the higher prices with which the commodity arrived. Increases that, in part, have been absorbed by trade so as not to affect demand.

The 19 items surveyed fall in the annual comparison and the retractions reach 7% per year in the case of the article "leather goods", where it is sold for Father's Day, and then sales began [19659002InsomeofthecompaniesconsultedonlyoneortwounitsweresoldperdayInothersitsavedthecoldandthatpeoplebuylessinshoppingcentersandmoreinneighborhoodstoresintheparticularcaseoftheseproducts

In "Food and Beverage", sales at constant prices decreased 1, 1% annually and accumulate a 1.2% decline in the first half of the year. Families bought more from neighborhood stores to control their consumption and access cheaper brands.

The match days of the national team, the demand has increased from 6% to 7% compared to a normal day. They did not help the price increases that took place in this sector, although the stores consulted pointed out that people got used to the new values ​​quickly. Only 30.8% of stores visited experienced interannual increases this month.

In "clothing", sales were down 4.8% from the same month of last year and accumulated a fall of 4.1% in the first half of the year (still measured at constant prices). He helped Father's Day and the cold weather that led to the sale of seasonal clothing.

In "electrical appliances and electronic products", sales at constant prices fell 4.9% over the same month last year. So far this year, this article is accumulating a drop of 2.2% per year. What was sold the most during the month were World Cup TVs, cold storage heaters and cell phones for Father's Day. The rest has evolved mainly with low value products.

In "shoes", sales at constant prices decreased by 4.7% and decreased by 3.7% since the beginning of the year. 79.4% of the stores declared weak in the annual comparison. It's sold well for Father's Day (but also less than last year) and products with discounts, especially those from previous seasons. Many companies have advanced regulations and made special promotions for cash purchases. ( ANDigital )

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