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last mo.

Argentina’s Household Loan Delinquencies Hit Record in July

Analysts warn post-July rate shocks and peso losses will likely push arrears higher.

LAS VENTAS EN SUPERMERCADOS CAYERON 5,1%, SEGÚN INFORMES DE CONSULTORAS (PÉREZ RE/CRÓNICA).
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Ya antes de la suba de tasas el nivel de incumplimiento venía en alza
La mora crediticia de las familias mostró las dificultades para llegar a fin de mes

Overview

  • The central bank’s July Banks Report put overall private‑sector delinquency at 3.2%, up 0.3 percentage points from June.
  • Household arrears reached a series high around 5.6–5.7%, while company loans remained relatively low at 1.2%.
  • Consumer credit showed the most stress: personal‑loan irregularity rose to 7.3% and credit cards to 5.3%, extending a months‑long climb.
  • Mortgages were the exception, holding at a low level with no July increase, reported in a range of roughly 0.9%–1.4%.
  • Broader strain is evident in higher bounced checks (1.41% of items and 1.11% of value), August retail sales declines, and tighter, costlier credit after sharp rate spikes.