In October, consumption fell 2% and there were only two items that grew

In October, sales in supermarkets, supermarkets and warehouses continued without recovering due to the persistent impact of inflation on pockets. The fall averaged 2%, according to data kept by the consulting firm Scentia. However, at the year-on-year level, the data still show a positive number: 0.4%, thanks to the significant rebound that occurred at the beginning of the quarantine.

Last month there was a decline similar to that of September. However, “unlike that month, the behavior was similar between both channels,” says Osvaldo del Río, director of the consultancy. Independent supermarkets had a 1.8% decline and the channel of large supermarket chains fell 2.2%.

According to the analyst, “again the chains had a more negative performance than the supermarkets, although softer compared to what had happened in September,” the analyst clarifies.

Global market data show that – at a geographical level – the behavior of sales was also even between the AMBA and the interior of the country, where the falls were 2.4% and 2.5% respectively.
Evolution of sales according to categories. They lead the uploads, the cleaning products

Evolution of sales according to categories. They lead the uploads, the cleaning products

However, a disparity was evident in terms of formats, depending on the areas. Self-services performed more negatively in the Interior (2.7%), where chains fared better. On the other hand, supermarkets had their worst performance in the AMBA, where volumes fell 4.2% versus 2.4% in stores in the interior of the country.

Another variable analyzed in this study is the behavior of prices between the gondolas and in the smallest shops. What was seen in October was a trend towards a slowdown in the weighted average price that began in March 2020. Thus, last month, the rise in prices in stores averaged 39.3% year-on-year, according to Scentia, while in September, the curve indicated 40.6%. And in October 2019, 49.01%.

In any case, these parameters only account for a part of the expenses that consumers have to make to cover the basket, since price variations in greengrocers or neighborhood butcher shops are not included, for example, where they provide daily produce. buyers.

In this sense, the trend has been indicating that food in general has been rising above the general price index. For example, in October this item, which has an impact on low-income sectors, showed an advance of 4.8%, while the Consumer Price Index increased 3.8%, in what was its highest record of the year. Within these products, the main increases fell on vegetables and fruits.

Regarding the sales volumes surveyed by Scentia, there were only two items with positive results last month: cleaning products (8.8%), a trend that lasted throughout the isolation. And alcoholic beverages (0.9%) that were only consumed more in the AMBA self-services.

Sue Brooks

Leave a Reply

Your email address will not be published. Required fields are marked *