Retail sales at current prices in Argentina plummeted 82.2 percent year-on-year in June 2020, after dropping a downwardly revised 92.9 percent in May. It was the fourth consecutive decline in retail trade, amid lockdowns due to the coronavirus pandemic. Sales continued to drop for entertainment (-100 percent, the same as in May); toys (-91.2 percent vs -98.4 percent); clothing (-73.6 percent vs -96.8 percent); electronic equipment & computers (-83.8 percent vs -96.1 percent); and perfumery & pharmacy (-63.6 percent vs -67.6 percent).
Retail Sales YoY in Argentina averaged 21.12 percent from 1998 until 2020, reaching an all time high of 72.80 percent in February of 2020 and a record low of -96.90 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 September of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)
Retail Sales YoY in Argentina is expected to be -21.00 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 20.00 in 12 months time. In the long-term, the Argentina Retail Sales YoY is projected to trend around 17.00 percent in 2021 and 13.00 percent in 2022, according to our econometric models.