The discourse between the government and the opposition regarding the erosion of purchasing power and subdued retail sales progressed into a new phase on Friday. A private report indicated that, although consumer spending in July experienced a 4.2% monthly increase, sales have not yet returned to the levels observed last year. Year-over-year, sales have decreased … Read more
Two surveys of business leaders in Argentina indicate that diminished consumer spending and uncertainty regarding the timeline for economic recovery are emerging as significant concerns for the sector. One of the reports is the Business Climate Index, a survey that assesses the perceptions of business leaders regarding the business environment, the performance of their companies, … Read more
Argentine e-commerce firm Mercado Libre has initiated a legal complaint against its Chinese rival, Temu. The filing, occurring in the context of the Asian platform’s expansion in the country as a result of import liberalization, represents the concluding phase of a commercial dispute that has persisted for several months. At this juncture, the decision rests … Read more
During the Christmas holidays, toy sales in Argentina decreased by 6.9% compared to the 2024 season, indicating a trend of more cautious consumer behavior and constrained household finances, according to the Argentine Toy Industry Chamber. “The result was better than anticipated, particularly in contrast to November, which had exhibited a significant and unforeseen decline,” stated … Read more
The leader of MercadoLibre Inc’s operations in Argentina has advocated for stricter regulations concerning the rapidly expanding Chinese e-commerce platforms in Latin America, cautioning that a lack of equitable competition poses risks to local enterprises and employment opportunities. “It’s important to have a good regulatory framework that’s equal for everyone competing,” Juan Martín de la … Read more
