Consumption

Argentina's textile sector and supermarkets reported a significant sales drop in January, blamed on economic factors like inflation and high costs. Guillermo Fasano, president of the Mar del Plata Textile Chamber, and Fernando Savore, a Buenos Aires supermarkets representative, highlighted weakened consumption despite summer seasonality. Both warned of the impact on workers' pockets and the need for reforms.

19 Mwezi wa kwanza, 2026 Imeripotiwa na AI

The National Alliance of Small Merchants (Anpec) reported that the average price of the basic food basket rose 1.29% in January 2025 compared to December 2024, reaching 2,046.45 pesos. This 25.98-peso increase affects 44 essential products. The most impacted states include Yucatán and Querétaro with rises over 8%.

Vendors at the Hong Kong Brands and Products Expo anticipate up to a 20% sales increase from last year, thanks to larger crowds and favorable weather. The 59th edition of the event, organized by the Chinese Manufacturers’ Association of Hong Kong, opened at Victoria Park in Causeway Bay and runs for 24 days until January 5. Financial Secretary Paul Chan Mo-po was among the first visitors, browsing and purchasing various items.

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As December arrives, Colombian shopping malls launch immersive strategies with decorations, cultural events, and operational reinforcements to draw visitors during the peak consumption season. Meanwhile, online platforms like MercadoLibre and Amazon allow gift returns within 30 days, provided specific conditions are met. These efforts aim to enhance the shopping experience in a month accounting for 22% of annual commerce sales.