Consumption Accentuated Its Fall in May and Supermarkets Are the Most Affected
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The country is undergoing a marked deterioration of consumption, accentuated in May, led by falls in food purchases and in supermarkets. The average year-on-year variation in spending in supermarkets and food recorded a contraction of more than 20% in the last year, while in contrast the payment of taxes and services showed an increase in consumption.
The deterioration of consumption was accentuated in May led by falls in food purchases and in supermarkets while the weight of payment of taxes and services continues to gain ground in monthly expenses. The average annual variation of expenses in supermarkets and food experienced in the last year a contraction of more than 20%, while in contrast the payment of taxes and services showed an increase of similar magnitude, according to a report of t…
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