Father's Day retail sales fell 0.3% for fourth straight year

Retail sales for Father's Day in Argentina dropped 0.3% in real terms from 2025, according to a survey by the Confederación Argentina de la Mediana Empresa.

The CAME report noted that over 80% of stores offered discounts and financing during the holiday weekend. Despite these efforts, shoppers focused on low-cost items and promotions.

The decline marks the fourth straight year of year-over-year drops. Sales posted declines of -1.7% in 2025, -10.2% in 2024 and -1.2% in 2023.

The best-performing categories were bookstores and clothing, up 2.1%. In contrast, peripheral equipment and cell phones fell 6.1%.

The average ticket reached 78,986 pesos, above last year's nominal value, yet without increasing transaction volume.

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Illustration depicting Argentina's February economic decline with falling graphs, closed factories, and empty shops in Buenos Aires.
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Economic activity fell 2.6% in February, according to INDEC

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Argentina's monthly economic activity estimator (EMAE) recorded a 2.1% year-over-year drop and a 2.6% seasonally adjusted decline in February 2026, INDEC reported. Manufacturing industry contracted 8.7% and commerce 7.0% year-over-year.

Wholesaler sales dropped 1.1% month-over-month in April while supermarket sales rose 0.8%, INDEC reported. Both sectors posted year-over-year declines.

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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.

Argentine assets came under pressure on Friday, May 15, as country risk rose 2.5 percent to 538 basis points. The S&P Merval fell 1.4 percent in pesos and most ADRs closed in the red.

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Shopping center Nuestro Bogotá generated sales of more than 18.5 million dollars in the first three months of 2026, up 2 percent from the same period last year.

The National Institute of Statistics and Censuses (INDEC) reported that in March 2026, the tourism balance showed a negative saldo of 552,000 tourists. 509,600 foreign visitors entered, up 6.3% from the previous year, while 1.06 million Argentine residents left the country, down 19.9%. The overall negative balance reached 704,800 international visitors.

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