Overview
- CAME reported six of seven categories fell year over year in October, with pharmacy the only riser at about 1.7%.
- Perfumery posted the sharpest annual drop at roughly 6.3%, and home goods declined around 3.7%.
- Promotions and the Mother’s Day period lifted seasonally adjusted sales month to month, but retailers described the boost as temporary.
- Businesses cited higher operating costs, thin margins and scarce credit, with 57.3% saying it is not a good time to invest.
- Córdoba officials flagged ongoing retail softness even as September Ingresos Brutos rose 1% in real terms year on year, with final October revenue figures expected after November 15.