Overview

• Scentia reports a 1.9% month-on-month drop in August led by kioscos and almacenes (-4.4%), farmacias (-2.6%), autoservicios (-2.2%) and mayoristas (-0.9%).
• E-commerce rose 5.2% and chain supermarkets 2.2% versus July, signaling consumer migration to modern channels.
• On annual comparisons, mass consumption increased 4% in August and is up 1.2% in 2025 to date, according to Scentia’s Osvaldo Del Río.
• Disparities persist year over year, with chain supermarkets down 5.1% and wholesalers down 8.1% in August, while online sales jumped 13.3%.
• CEPA finds Buenos Aires supermarket volumes in the first half of 2025 still 7.6% below 2023 levels, consistent with real wage losses weighing on spending.