According to CAME, Argentine SME retail sales dropped 3.8% year-on-year in July 2026, with a 2.1% decline from June. However, online sales from physical stores surged 14.9%, and 42.4% of merchants expect improvement in the next 12 months, signaling a resilient and digitally adapting sector.
In July 2026, Argentine small and medium-sized retail sales fell 3.8% year-on-year after the end of the aguinaldo (13th salary) boost. Yet, the sector shows adaptability: online sales surged 14.9%, and 42.4% of merchants expect improvement in the next 12 months, signaling cautious hope.
Argentina is making headlines with a wave of major developments. From record-breaking mining numbers and the arrival of new F-16 fighter jets to the announcement of a historic papal visit, the country is buzzing with progress and transformation under President Javier Milei.
The Central Bank of the Argentine Republic (BCRA) presented the Monetary Policy Report for the second quarter of 2026, offering a highly positive outlook. Although it identified Middle East tensions as the main external threat, President Santiago Bausili highlighted the record economic activity, the sharp drop in inflation, and the robust accumulation of foreign reserves.
The Central Bank of Argentina (BCRA) purchased USD 28 million on its fifth consecutive buying day, pushing gross international reserves to USD 49,642 million – the highest level since September 2019. This milestone confirms the annual accumulation target has been met, signaling renewed confidence in the country's monetary policy.
On Tuesday, August 4, 2026, Argentina's official dollar held at ARS 1,515 for sale, while the informal 'blue' dollar fell ARS 10 to ARS 1,545. The stock market declined, and the central bank reaffirmed its exchange rate cap. Tensions rise from a port strike and a new IMF mission chief for the country.
Private consulting firms forecast a seasonally adjusted drop of up to 1% in Argentina's Gross Domestic Product (GDP) for the second quarter of 2026, surprising markets after a rebound in Q1. Key sectors like industry and construction lead the decline, while the government strives to maintain exchange rate stability.
