Argentina's Confederation of Medium Enterprises (CAME) reported a 0.6% year-over-year contraction in SME retail sales in March, at constant prices. This marks the eleventh consecutive month of decline and a 0.4% drop compared to February.
SME retail trade activity recorded another decline in March, according to an analysis by Argentina's Confederation of Medium Enterprises (CAME). The year-over-year contraction was 0.6% at constant prices, while it fell 0.4% compared to February.
This result marks eleven consecutive months of declining retail sales. In the first quarter of the year, the retraction reached 3.6%, according to CAME's measurement.
Five of the seven surveyed sectors showed losses during the period. Additionally, six out of ten entrepreneurs surveyed considered it not a suitable time to invest.
