Overview
- Argentina’s INDEC reported June wholesale autoservicios fell 1.8% month over month to the lowest seasonally adjusted level since 2017 and dropped 8.4% year over year.
- Shopping‑centre purchases posted their first annual decline in eight months at 4.5%, while supermarket sales edged up 0.2% month over month and 0.8% year over year but remain flat since March.
- Payment patterns in supermarkets show 15.6% of sales in cash, 27.2% by debit, 45.7% by credit and 11.6% via other methods such as QR and transfers, with “other” gaining share, INDEC data indicate.
- Argentina’s e‑commerce revenue jumped 79% year over year in H1 2025 with orders up 46%, CACE/Kantar found, as nine in ten firms offered installment financing and cross‑border buying was led by Mercado Libre (33%), Alibaba/AliExpress (15%), Amazon (13%), Temu (10%) and Shein (8%).
- In Mexico, INEGI said wholesale trade revenues fell 2.3% month over month in June, marking four straight declines that analysts link to higher import costs and U.S. tariff uncertainty, while headline inflation printed 3.49% in early August with core at 4.21%, a result below forecasts that supports expectations of gradual easing by Banxico.