Argentina: sales at supermarkets rise 14.5 percent July, prices rise 10.1 percenta

Posted on August 29, 2012 • Filed under: Argentina, Business, Economy

The units sold in supermarkets in July rose 14.5 percent on-year, while prices rose 10.1 percent in the same period, according to Monday’s National Institute of Statistics and Census (INDEC).

On June, sales rose 2.4 percent and prices rose 0.86 percent, accumulating in seven months a 6.2 percent advance.

Data refer to the supermarket survey compiled by the official agency gathers information from 65 companies located throughout the country.

According to these figures, the July sales level was higher than in June (when it was 12.8 percent), but is below the July 2011 expansion which had been 17.2 percent. Read Article

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