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Store sales fell by 15.1% in September at constant prices, discounting inflation, while they decreased by 7.9% in supermarkets, according to Indec. The data confirm that consumption consumption has increased sharply since the middle of the year. September was the third consecutive month of declining sales, amid a recessionary scenario that recorded some of the worst data of the year in October.
In comparison with current prices, the turnover of supermarkets and wholesalers reached $ 39,927 million, an increase of 30.8% year-on-year, less than the inflation of 40.5% measured by Indec. In large shopping centers, billing at current prices amounts to $ 5,749 million, with year-on-year growth of 17.2%, which is far from the actual figure taking into account inflation.
In the last days of the United Supermarkets Association (ASU), the market badyst Guillermo Oliveto he said that "People have a lot of dislike, restrictions, and adaptations"When it comes to shopping, consultant Kantar Eorldpanel pointed out that "This year was far from what we expected"and in this context"companies know they need to reformulate the value proposition to reactivate demand, but they do not find clarity yet. "
For the ninth month of the year, wholesalers reported a similar decline of 15.4%.
Black September
Data on consumers in shopping centers and supermarkets add to other alarming figures. For example, in the appliance sales sector, which declined 1.8%, the first annual decline since November 2016, when the contraction was 2.1%.
According to industry data, the contraction of quantities shipped was reduced to a minimum expressed in September, less than 5% of production capacity in terms of white goods, but also in brown, as that of televisions, In the remaining elements, the decline was estimated between 40% and 50% of values considered normal for this period.
Retail trade in general was down 9.2%. And other items, such as car sales, also experienced a sharp decline, reaching more than 40%.
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