This Thursday, the Cordoba Chamber of Commerce reported the results of the May 2023 salesbased on a survey carried out in commercial corridors from the city.
65% of merchants sold below their expectations. Stores located in shopping malls are the ones that stand out for maintaining their sales levels at a constant rate and small merchants who suffered the most from the decrease.
Interanual variation: there is a 18% decrease of sales in units in relation to the same month of the previous year and a drop in profitability of 14%.
MoM change: the results show a 12% decrease of sales in units in relation to April 2023 and a drop in profitability of 8% in the aforementioned period.
merchants located in Yofre neighborhood and in the central area of Córdoba They were the ones that felt the impact of the month-on-month and year-on-year falls the most, both in volume and in profitability. The average ticket in May was $23,033.
Variation by items:
- Dress: The level of units sold decreased 13% month-on-month and 18% year-on-year. The average ticket was $11,137.
- Fashion accessories: in relation to units sold, it fell 47% compared to April and 22% compared to May 2022. The average ticket reached $7,206.
- Deco / Home: At the level of units sold, there was a 14% drop compared to April and if compared to May 2022, it reached 28%. The ticket average reached $46,247.
- Aesthetics and personal care: the level of units sold decreased both month-on-month and year-on-year by 11%. The average ticket was $10,681.