Consumption continued not to rebound in May



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In the first five months of the year it had an interannual decline of 0.5% Source: Archive – Credit: Shutterstock



consumption
mbadive, one of the economic variables affected in the Macri era, with a decline of 4% in 2016 and 1% in 2017, still shows no signs of recovery: the May result shows that there was no change from the previous month and, what is worse, there was a 0.5% decrease in the accumulation of the first five months of the year. year.

These data, which come from the Consumer Thermometer published monthly by consultant Kantar Worldpanel, make them a complicated second half. "That the consumption basket is stable in the first few months of the year compared to the previous year, is not encouraging news in the second half of the year," says Federico Filipponi, Kantar's commercial director Worldpanel.

The specialist explains that this data is bad because it means that they are at the same level as in the first half of 2017, a period that has marked a consumption floor in the country. "The worst thing is, if we continue like this, we will see a fall in the second half of 2018," he anticipates.

The economist Damián Di Pace, director of the consulting firm Focus Market, endorses this bad moment by a timeline: In the first quarter, we experienced a growth of the economy with a rapid recovery in consumption , in the second quarter a slowdown in the economy with a decline in consumption and for the second half of the year, we estimate that economic growth will decrease Consumption. "

According to Di Pace, it is a badtail that is intensifying due to the resurgence of inflation, the loss of purchasing power and the increase "The latter is caused by the devaluation of the peso against the dollar, the rise in gasoline, increases in regulated prices, joint slices and the cost of financing," he explains. [19659008] in this note

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