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Current Position:Home » News » Marketing & Retail » Retail » Topic

Argentine supermarket sales rose 16.5%

Zoom in font  Zoom out font Published: 2013-09-04  Origin: Fresh Plaza  Views: 12
Core Tip: In July, supermarket sales in Argentina rose 16.5% at seasonally adjusted constant prices, said the government yesterday.
In July, supermarket sales in Argentina rose 16.5% at seasonally adjusted constant prices, said the government yesterday.

Sales rose 0.9% from June, also on seasonally adjusted prices, said the report by the National Institute of Statistics and Census (INDEC).

Sales at current prices, which reflect the impact of inflation in the country, and which private analysts estimate at an annual 25%, grew 24% in the seventh month of the year from the same period last year, to $10,871, 8 million (or $US 1,926.8 million). The supermarket survey includes information from 71 companies located throughout the Argentine territory.

INDEC also released the survey on mall sales, which in July grew by 19.7% at seasonally adjusted constant prices. The turnover of the shopping centres was $2,212.4 million (or $US 392.1 million) in July, 27.7% more than in the same month last year. At constant prices, compared to June, sales were up by 0.9%.
 
 
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