Tag: Supermarket sales

• Tuesday, April 29th 2025 - 20:55 UTC

  Supermarket sales in Argentina plummet under Milei, UBA study finds

  

  Supermarket sales in Argentina have dropped by 8% while wholesale sales have plummeted by 22% under President Javier Milei, a report from the University of Buenos Aires showed Tuesday. The decline is attributed to adjustment policies causing high inflation and tariff hikes, which eroded wage purchasing power, redirecting spending from consumer goods to basic services, thus reversing a brief recovery between January and November 2023 (before Milei took office).

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