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Día del Niño Retail Posts Flat Nominal Sales as Real Spending Falls 21%

Promotional discounts with credit offers failed to reverse a sharp loss in consumer buying power

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Leve caída en las ventas por el Día del Niño.
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Overview

  • A CAME survey found PYMES retail sales on Día del Niño down 0.3% in nominal terms year-on-year and 21.1% lower after adjusting for inflation.
  • Footwear and leather goods led all categories with a 5.3% sales increase and the highest average ticket of ARS 45,413.
  • Traditional Día del Niño sectors saw modest gains of 1% in toys, 3% in children’s clothing and 0.4% in electronics, while bookstores plunged 14.5%.
  • Eighty-seven percent of retailers ran special promotions, relying mainly on three- and six-installment zero-interest credit plans to sustain transactions.
  • Merchants reported that most purchases served to clear low-value inventory, underscoring ongoing import competition and weak consumer demand.