CAME
In the last long weekend of the year, nearly 1.4 million tourists traveled across the country, spending around 250 billion pesos, according to a survey by the Argentine Confederation of Medium-Sized Enterprises (CAME). This marks a 43.5% increase in the number of people compared to 2023 and a 20.1% rise in spending.
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Despite a slight boost from Mother's Day, retail sales in October saw a year-over-year decline. The monthly improvement was insufficient to offset the overall drop. Consumers remain cautious amid economic conditions.