There is inflation that slows down, sales sales, Argentine tourist flights, as in the recent world of clubs. But in the Argentina of Javier Milei, there is also a growing disparity between the winners and the losers of the ultra liberal model.
The data of the sector corroborate their feelings. In the first half of which sold 78% of new cars in more than the same period in 2024.
The decrease in interest rates, credit facilities, promotions, imported imports of certain models have prepared the land. At least for those of Argentines who can access a new car, about 20 million pesos ($ 15,600) at the bottom.
The mortgage loans, which had almost disappeared for six years, are not viable due to frantic inflation, are making a valid return. In Buenos Aires, sales of goods increased by 22% in May compared to May 2024.
“Not the party”
The cake cherry: with a stabilized weight, overvalued, according to several economists, Argentines are offered in other places: between January and April, 6 million travelers left the country, +70% compared to the same period in 2024.
But for Diego Sardano, the adornment of real estate will hardly go far: a roof is already reached, because in general “the purchasing power of people has not increased.”
It is the Panorama of Milei-Coomie, prepared in the recent study of a respected consultant, Moigua: “Argentina peso-if against Argentina dollar”. According to the study, economic resumption after months of recession (-1.8% in 2024) “does not touch everyone and aggravates current inequalities.”
Therefore, 50% say they cannot complete the end of the month, 30% postpone or cancel expenses to pay basic services. Clearly, for those who have the means to invest, save dollar or travel, it is easier than before. But not for others, 50% of Argentines belonging to the disadvantaged class ($ 750 per month or less).
“High -end cars records are increasing, while food consumption decreases. They are destroying the middle class,” he said.
Poverty, which had jumped in the first months of the Milei government (+11 points, with 52.9%) before returning at the end of 2024 at levels prior to Milei (38.1%) speaks a lot. But deprivation or consumption changes tell another story, without noise.
“What is necessary”
Marcelo Chaile, at the head of a construction SME in Mendoza (west of the country), reports a complex situation, where households renounce small works and repairs, taken in tweezers between the cost of materials and purchasing power.
In the First Basic Purchase Line, Fernando Savare, President of the Federation of Life Stores in the Province of Buenos Aires, says: “There are things that are no longer sold as sweets, desserts. People buy only what is necessary.”
However, Marcelo Chaile points out in Mendoza, a province that voted Milei in the 2023 presidential elections, “people continue to believe that this government will change things.” How long? Even the legislative elections of October, the discount of Javier Milei, for the moment saved by the surveys.
Source: BFM TV
