Retail sales in Argentina expanded 7.5 percent over a year earlier in January of 2021, following an upwardly revised 7.7 percent expansion in the previous month. It was the second increase in sales after ten consecutive decreases, as the economy continues to recover from the pandemic. Growth was led by electronics, up 49.6 percent. Also, clothing and sports accessories expanded by 26.8 percent, while perfumery & pharmacy grew 24.3 percent and toys 22.3 percent. In constant terms, retail sales declined 31.5 percent after declining by 31.1 percent in December. source: Instituto Nacional de Estadística y Censos (INDEC)
Retail Sales YoY in Argentina averaged 19.65 percent from 1998 until 2021, reaching an all time high of 73 percent in February of 2020 and a record low of -96.80 percent in April of 2020. This page provides the latest reported value for - Argentina Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Retail Sales YoY in Argentina is expected to be 28.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Argentina to stand at 10.00 in 12 months time. In the long-term, the Argentina Retail Sales YoY is projected to trend around 5.00 percent in 2022 and 3.00 percent in 2023, according to our econometric models.