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Supermarkets Rebound in October as Malls and Wholesalers Contract, INDEC Says

Essential goods led the grocery rebound, reflecting price‑driven receipts.

Overview

  • INDEC reported supermarket sales volumes up 1.6% from September and 2.7% year over year in October after six straight monthly declines.
  • Shopping-center sales at constant prices fell 4.7% year over year, with apparel, footwear and leather goods representing 39.8% of turnover.
  • Wholesale self-service outlets posted a 9.3% year-over-year drop in October, and the January–October tally fell 7.6% versus 2024.
  • Supermarket sales totaled about ARS 2.17 trillion in nominal terms, up 27.8% year over year, with meats leading nominal gains at 51.8%.
  • Credit cards accounted for 44.9% of supermarket payments, debit 25.8% and cash 16.1%, while online channels were 3.4% of sales and rose 35.5% year over year.