FX.co ★ Argentina Sees Decline in Retail Sales Growth as Inflation Takes Its Toll

Argentina's retail sector experienced a significant slowdown in sales growth, according to the latest figures released on January 22, 2026. The retail sales indicator, which measures the growth in retail sales compared to the same month a year ago, fell to 21.2% in November 2025. This represents a noticeable decline from the previous month's growth rate of 27.8% recorded in October 2025.

The year-over-year comparison highlights the challenges facing Argentina's retail sector amid a backdrop of economic turbulence and persistent inflationary pressures. The drop from October’s indicators suggests that consumers may be tightening their belts as inflation continues to erode their purchasing power.

Economists point to inflation as a key factor behind the observed slowdown, as the Argentine peso remains under considerable pressure. This decline in retail sales growth adds to the ongoing concerns about the economic stability of the country, underscoring the urgency for policy interventions aimed at curbing inflation and fostering sustainable economic growth. As the government grapples with these challenges, the retail sector will be closely monitored for signs of recovery in the coming months.