Overview
- In seasonally adjusted terms, sales fell 2% from August, marking the sixth consecutive monthly drop in CAME’s index.
- All categories posted year-over-year declines, led by textiles and apparel (-10.9%) and home goods and décor (-6.2%), while perfumery rose 1.4% month to month and hardware held flat.
- Despite the recent slump, cumulative sales for January–September remain 5% higher than a year earlier, reflecting strong gains early in 2025.
- CAME attributes the pullback to eroding purchasing power, household indebtedness, costlier financing and economic and political uncertainty, with 60.1% saying it is not a good time to invest.
- Local data from Mar del Plata show a steeper 11.4% drop in September sales, with 75% of merchants reporting worse conditions than a year ago and low online adoption reported by UCIP.