Argentina’s luxury boom hides mass despair

Different segments of Argentina have different consumer habits. The housing market is experiencing robust growth in Javier Milei’s Argentina. Automobiles are rapidly being sold, and prominent airlines are increasing their flight offerings to Buenos Aires in response to the rising demand for travel. Yet restaurants are increasingly vacant, hotels are at best operating at fifty … Read more

SME retail sales fell 5.7% in July

The Argentine Chamber of Medium-sized Enterprises reported 2% retail sales decline and flat consumption due to declines in most sectors and lower margins.  In July, small and medium-sized retail sales experienced a decline of 2% compared to the same month in the previous year, as reported by the Argentine Confederation of Medium-Sized Enterprises (CAME). In … Read more