News of consumption

Beef consumption in Argentina at lowest level in 26 years

16-08-2024 15:53 CICRA industry group data shows 14.1-percent in consumption of carne year-on-year in first seven months of the year.

BEEF CONSUMPTION

Beef consumption in Argentina falls to lowest in a century

08-07-2024 16:32 Per capita consumption in 2024 forecast at around 44.8 kilos per capita, the lowest figure in more than a century.

BEEF CONSUMPTION

Milei’s shock therapy sends demand for beef to 110-year low

08-07-2024 14:41 Beef demand is forecast to drop below 45 kilos (99 pounds) a person this year, the lowest in data going back to 1914.

ECONOMIC INDICATORS

Consumption dive continues, down 14.5% in May year-on-year

25-06-2024 15:55 Data compiled by Focus Market consultancy group based on sales data shows consumption down 14.5% last month on annual comparison.

SMALL AND MEDIUM-SIZED ENTERPRISES

Recession hits SMEs hardest: 7 out of 10 report falling consumption

29-05-2024 13:14 Argentina’s deepening recession is hitting the nation’s small- and medium-sized businesses (SMEs or PyMEs) the hardest, according to a new report.

ECONOMIC INDICATORS

Beef consumption at its lowest level in three decades, says industry group

16-05-2024 15:13 In the first four-month period of the year, consumption dropped by 17.5 percent.

ECONOMIC INDICATORS

Beef consumption fell to historic low in first quarter

16-04-2024 20:21 Beef sales hit a historic low in the first quarter of 2024 amid a heavy drop in consumption, falling to their lowest level in three decades.

Bloomberg

Buyer of Clorox’s Argentine assets bets on consumer spending rebound

27-03-2024 20:19 Executives at Apex Capital, the buyer of Clorox Co assets in Argentina, expects consumption to recover in coming months.

ECONOMIC INDICATORS

Sales down 3.5% in February as consumption continues to fall

25-03-2024 17:48 Data supplied by the CAC Chamber of Commerce and services exposes continuing fall in consumer spending.

ELECTION 2023

Tense election week: shortages, pre-emptive increases and dollarised prices

19-10-2023 15:21 A few days away from the presidential election, devaluation fears are spreading.

by Ariel Maciel

Living with inflation

Spend now, worry later: no point saving in inflation-stricken Argentina

15-06-2023 15:04 Packed restaurants, long lines outside the theatre, concerts that sell out in hours – Argentines with purchasing power are responding with a frenzy of consumption in the face of soaring inflation.

CURRENCY WOES

In distorted Buenos Aires rental market, it's dollar vs peso

02-06-2023 10:15 Renting in pesos and on a long-term basis is a titanic task in the capital, where temporary and dollar-denominated supply dominates the market.

NATIONAL ICONS

Kiosco de barrio: Why Argentines remain local to their local shop

19-04-2023 22:01 Despite the growth of chain stores, this typically Latin American business remains a family one. Inspiring customer loyalty and offering a friendly ear, 70% of Argentines visit once a week, a new survey reveals.

by Enrique Garabetyan

BLOOMBERG

Shortage of cooking oil looms as biofuels gain global appeal

22-03-2023 12:30 A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.

BLOOMBERG

Disappearing barbecues show global beef demand is under pressure

30-01-2023 17:09 It’s not uncommon to see meat-buying slide during downturns for the economy. What’s striking is that demand is falling faster in many of the countries where beef has traditionally been the protein of choice