SME retail sales fell 0.6% in March according to CAME

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.

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Illustration depicting South Korea's rising industrial output, retail sales, and facility investment in March, with factories, shoppers, construction, and upward charts.
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South Korea's industrial output, retail sales and facility investment rise in March

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South Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed on April 30. It marked the first time since September that all three indicators posted on-month growth. A ministry official said the Middle East crisis has not yet impacted the economy.

The Argentine Confederation of Medium-Sized Enterprises reported that retail sales at SMEs rose 0.9% year-over-year in June driven by the mid-year bonus and the Football World Cup.

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Mass consumption sales in Argentina dropped 2.7 percent year-over-year in June and closed the first half with a cumulative decline of 2.9 percent, according to consultant Scentia. The electronic channel was the sole exception with a 34.8 percent rise.

On National Entrepreneurship Day, Valor Pyme released data underscoring SMEs' role in Chile's economy. There are 759,320 active SMEs, which alongside micro-entrepreneurs make up 98.3% of the business fabric, though their sales represent only 11.7% of the national total.

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