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Online Shopping Soars as Confidence Drops | Argentina News

Consumer spending edged up in July but remains 2.6% below last year’s level, with the full year down nearly 3%. While pharmacies saw minimal growth, e-commerce surged 35% year-over-year — though it still accounts for just 8% of total spending. The government and big businesses argue this reflects a shift in shopping habits, not reduced buying power. Meanwhile, consumer confidence hit its lowest in months, with people increasingly hesitant to make big purchases like homes or furniture — signaling a cautious, worry-filled economic mood despite some bright spots. Listen in comfort:Get a discount…

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