Government officials celebrated after the official statistics institute, the INDEC, published figures showing that private consumption increased by 7.9% interannually in 2025. However, some private consulting firms are telling a different story. Scentia concluded that February 2026 saw a 3.4% year-over-year drop in mass consumption, and that it fell by 2.1% in the first two months of the year. “Consumption did not increase — service fees and transportation did,” Balza said. He said that data shows that Argentina is better off than in 2023, but then he nuanced his statement.

Source: Bueno Aires Herald April 11, 2026 19:43 UTC