Retail sales of clothing, lingerie and accessories grew 38.5 percent year-on-year in August, according to data from the Argentine Chamber of Medium Enterprises (CAME). This represents a figure 5 percent lower than in the same month in 2019, pre-pandemic.

Consumption in shopping centres, supermarkets and the overall wholesale segment has been growing in recent months, CAME’s report said, recovering steadily since the impact of the pandemic hit the sector in 2020.

Of businesses surveyed by CAME, 40.6 percent said they were faring better than in 2019.

In the first eight months of the year, SME retail sales overall recorded an annual increase of 13.7 percent year-on-year, but decreased 12.3 percent compared to the same period in 2019.

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