Sales in shopping malls they fell in 18.6% in October and in supermarkets, they declined 10% compared with the year before, reaching the fourth consecutive month, which was again the strongest in that period, according to INDEC. According to the organization, sales in October in the shopping centers reached a total of 3,669.6 million weights measured at fixed prices.
In supermarkets there were 24,987.4 million. The inflationary process, it Devaluation and the economic recession affect the consumption level with power both in supermarkets and shoppings. In the supermarkets, the following results were recorded: July, by 2.8% low; August, 4.1%; September, 7.9% and October, 10%.
For shopping malls, the last four months in the yearly survey were as follows: July with 2.5% withdrawal; August, 4.3%; September, 15.1% and October 18.6%. Sales in major shopping malls measured at nominal current prices in October reached a total of USD 6 648.5 million, an increase of 16.6% compared to the same month last year.
In supermarkets, sales at current prices amounted to 43,338.4 million, with an increase of 33.7% compared with the same period in 2017. According to INDEC, the study of shopping centers consists of a panel of 37 shopping centers; 19 is located in the autonomous city of Buenos Aires; the remaining 18, in the 24 matches in Greater Buenos Aires.
The shopping malls have 3,020 stores, 90.1% of which are active and report sales, while 1.9% correspond to the other category consisting of legal studies, medical offices or other activities that differ from a trading company. . On the other hand, the remaining 8% remain inactive because they can be rented, are under renovation or other reasons for temporary closure.