Sales in retail stores grew 40.8% in April concerning the same month of 2020, and so far this year, they have accumulated an increase of 6.8%. In the monthly comparison April-March 2021, sales fell 8.3%, a decline caused by the seasonality of the season. Source: Ámbito
After the inflationary lunge of March, when the retail price index rose to 4.8%, April is presented with an inevitable deceleration, although lower than official expectations: economists foresee increases above 3.5% and in some cases, closer to 4%. Thus, the first four-month period would close with an increase of more than 16%, considering that the first quarter has already accumulated an increase of 12.9%, which is almost double the same accumulated period of last year (7.7%) before the outbreak of the pandemic.
Farm dollars continue to enter Argentina's economy in record amounts. In April, $3.03 bn in agro-export foreign currency liquidated; the highest figure for that month in 7 years.
Through Resolutions No. 106 and 107/2021, which were published late on Friday in a supplement to the Official Gazette, the National Electricity Regulatory Entity (ENRE) defined an increase "for the current year of 9% in the average tariff for Edenor and Edesur users, which will be in force as from May 1.
Wenance, the Argentine fintech company leader in consumer finance with an international presence, announced a 30 million euro ($36.09 million) agreement. According to the local company, this financing may be extended to 50 million euros ($60.14 million) and will increase the company's presence in the international market.