Consumption had the worst fall and recovery is delayed
In June, the consumption In Argentina, household consumption experienced a significant drop, the worst since the COVID-19 pandemic. According to data from the Argentine Chamber of Commerce and Services (CAC), household consumption fell by 9.8% compared to the same month of the previous year and by 3.3% compared to May 2024.
This decline reflects a worrying trend in the Argentine economy, which has seen its recovery delayed due to several economic and social factors. One of the main factors that has contributed to this drop in the consumption is the loss of purchasing power of households.
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