Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_Chinese


CASTLE MALTING NEWS in partnership with www.e-malt.com Chinese
05 March, 2024



Brewing news Argentina: Beverage sector one of the most affected by loss of purchasing power

So far this year, the beverage sector is one of the most affected by the loss of purchasing power of the Argentine currency and the general drop in consumption, FreshlyBottled.com reported.

The Center of Storekeepers and Retailers of the Province of Córdoba has stated that the decrease in the consumption of alcohol-based products mainly affects businesses.

According to a report from the entity's Department of Statistics and Trends, in February a notable decrease was noted in the volume of sales of alcoholic beverages in warehouses, self-service stores and wine bars. Compared to the same month of the previous year, the drop is 35 percent.

The favorite drink of the people of Córdoba, such as the top brand Fernet, suffered a decrease in sales of 53 percent. For their part, white drinks, which include vodka, gin, whiskey, among others, also experienced a notable reduction in demand of 62 percent. In addition, fine wines showed a drop of 27 percent, while wines in their tetra brik format sold 42 percent less.

Meanwhile, sales of beer and soft drinks were also affected, with a drop of 46 percent and 48 percent respectively. One of the reasons that explains this contraction in consumption is the sharp increase in prices due to inflation.





后退



E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .














We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.     Ok     否      Privacy Policy   





(libra 0.5620 sec.)