News of consumption

Beef consumption in Argentina at lowest level in 26 years

16-08-2024 15:53 CICRA industry group data shows 14.1-percent in consumption of carne year-on-year in first seven months of the year.

BEEF CONSUMPTION

Beef consumption in Argentina falls to lowest in a century

08-07-2024 16:32 Per capita consumption in 2024 forecast at around 44.8 kilos per capita, the lowest figure in more than a century.

BEEF CONSUMPTION

Milei’s shock therapy sends demand for beef to 110-year low

08-07-2024 14:41 Beef demand is forecast to drop below 45 kilos (99 pounds) a person this year, the lowest in data going back to 1914.

ECONOMIC INDICATORS

Consumption dive continues, down 14.5% in May year-on-year

25-06-2024 15:55 Data compiled by Focus Market consultancy group based on sales data shows consumption down 14.5% last month on annual comparison.

SMALL AND MEDIUM-SIZED ENTERPRISES

Recession hits SMEs hardest: 7 out of 10 report falling consumption

29-05-2024 13:14 Argentina’s deepening recession is hitting the nation’s small- and medium-sized businesses (SMEs or PyMEs) the hardest, according to a new report.

ECONOMIC INDICATORS

Beef consumption at its lowest level in three decades, says industry group

16-05-2024 15:13 In the first four-month period of the year, consumption dropped by 17.5 percent.

ECONOMIC INDICATORS

Beef consumption fell to historic low in first quarter

16-04-2024 20:21 Beef sales hit a historic low in the first quarter of 2024 amid a heavy drop in consumption, falling to their lowest level in three decades.

Bloomberg

Buyer of Clorox’s Argentine assets bets on consumer spending rebound

27-03-2024 20:19 Executives at Apex Capital, the buyer of Clorox Co assets in Argentina, expects consumption to recover in coming months.

ECONOMIC INDICATORS

Sales down 3.5% in February as consumption continues to fall

25-03-2024 17:48 Data supplied by the CAC Chamber of Commerce and services exposes continuing fall in consumer spending.

ELECTION 2023

Tense election week: shortages, pre-emptive increases and dollarised prices

19-10-2023 15:21 A few days away from the presidential election, devaluation fears are spreading.

by Ariel Maciel

Living with inflation

Spend now, worry later: no point saving in inflation-stricken Argentina

15-06-2023 15:04 Packed restaurants, long lines outside the theatre, concerts that sell out in hours – Argentines with purchasing power are responding with a frenzy of consumption in the face of soaring inflation.

CURRENCY WOES

In distorted Buenos Aires rental market, it's dollar vs peso

02-06-2023 10:15 Renting in pesos and on a long-term basis is a titanic task in the capital, where temporary and dollar-denominated supply dominates the market.

NATIONAL ICONS

Kiosco de barrio: Why Argentines remain local to their local shop

19-04-2023 22:01 Despite the growth of chain stores, this typically Latin American business remains a family one. Inspiring customer loyalty and offering a friendly ear, 70% of Argentines visit once a week, a new survey reveals.

by Enrique Garabetyan

BLOOMBERG

Shortage of cooking oil looms as biofuels gain global appeal

22-03-2023 12:30 A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.

BLOOMBERG

Disappearing barbecues show global beef demand is under pressure

30-01-2023 17:09 It’s not uncommon to see meat-buying slide during downturns for the economy. What’s striking is that demand is falling faster in many of the countries where beef has traditionally been the protein of choice

Living with inflation

Price hikes continue as Argentina competes for another world title

13-01-2023 15:00 New data shows that Argentina is suffering from one of the worst inflation rates in the world: in 2022, prices increased by an almost unthinkable 94%.

FEATURE: DRUG-TRAFFICKING

How drug smugglers infiltrated a global shipping giant

24-12-2022 09:40 As MSC grew into a dominant force in global trade, it also became a prime drug-trafficking conduit for Balkan gangs.

FEATURE: DRUG-TRAFFICKING

The golden age of cocaine is happening right now

22-12-2022 14:09 Global fallout from Colombia's cocaine boom is showing up everywhere from the warehouses of Antwerp to coup plots in West Africa, bringing violence, corruption and big profits.

LIVESTOCK

Brazil, world's biggest beef exporter, is turning away from meat

13-12-2022 08:52 Meat consumption in Brazil fell sharply this year as rising food prices curbs demand. What’s most curious: more than 90 percent of Brazilians say they don’t want to return to their past habits.