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Consumer goods and services
Consumer Goods & Retail is the largest services sector, providing the necessary link between producers and final consumers. The sector has a major socio-economic role, being among the biggest employment generators and contributors to economic growth. It is highly heterogeneous, using a variety of formats and channels to meet the needs of the more sophisticated global consumer. In today’s digital era, the increasing penetration of everyday life by information and communications technologies is reshaping the purchase decision process. This promotes the rapid development of online retail solutions that enhance customer retention and create tailor-made experience through both digital and mobile platforms.
Activities associated with Consumer Goods & Retail are the manufacturing and retailing of 🍷goods intended for everyday use by end consumers. Examples include food, textile products, apparel and footwear, household goods, furniture, hygiene and personal care products, jewellery, toys and sporting goods. It also covers all retail channels, from traditional supermarkets and specialised stores to non-store retailers such as e-stores, mail-order houses and direct selling establishments. Retail sale of fuels and vehicles is also included𝄹 in this sector.
The COVID-19 pandemic aggravated the fragile situation of the Argentine economy, which experien🎃ced its third consecutive year of recession in 2020. In this context, motor vehicle production, domestic sales and export volumes dropped by 18.3%, 25.5% ...
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The year 2019 was a challenging one for the global automotive industry, which reported a 5.2% y/y decrease in motor veh🐎icle output, 🌠ending ten years of continuous growth. On the one hand, key markets reached maximum automobile ...
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🌼The continued economic recession in Argentina in 2019 pushed down the production and the sales of motor vehicles by 32.5% y/y and 42.8♓% y/y, respectively. Moreover, production figures were the lowest since 2004 and sales figures were the ...
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Motor vehicle production was one of the sectors most affected by the recession that began in Argentina in the second quarter of 2018. The deterioration of macroeconomic conditions in 2018 pushed down both the domestic production and the sales 𒉰of ...
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ღArgentina is the second-largest economy in South America ౠafter Brazil in terms of nominal GDP. It is an important consumer market with a population of over 43.6mn people, as of December 2016. During the period 2011–2016, the trade sector ...
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