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Grocery Consumption Forecast To Drop 1.2% In Argentina This Year: Study

Published on Aug 29 2018 8:00 AM in Retail tagged: Argentina / Kantar Worldpanel / Consumption / Paywall / Ecolatina

Grocery Consumption Forecast To Drop 1.2% In Argentina This Year: Study

A new study by Kantar Worldpanel has found that grocery consumption is forecast to drop by 1.2% in Argentina this year, as salary declines hit home with consumers.

According to the FMCG projection model, developed by Kantar alongside Ecolatina, the performance of the market in the first and second quarters of the year indicate that consumption is likely to decline overall in 2018.

Salary Decline

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