Argentina’s Consumer Spending Dips: Analyzing the 6.2% Decline in 2024

Throughout the initial seven months of 2024, Argentina witnessed a notable 6.2% reduction in consumer spending, according to the Argentine Chamber of Commerce and Services (CAC). This decrease primarily stemmed from diminished purchasing power due to inflation. Ongoing economic adjustments also played a role. However, the government’s proactive measures have initiated signs of economic stabilization […]