[HIGHLIGHTS] Red numbers: food, cars and cement, the areas in which the recession is already strongly felt

The recession deepens in the sectors based in the domestic market. Cars, food, steel and cement are among the sectors hardest hit by the drop in activity.

The consumption index fell 3.5% in February. The loss of purchasing power is the key to the contraction of the economy. The only March data known so far does not give room for room for improvement. The crisis has already led companies to suspend workers and lay off workers.. In February, the Argentine Chamber of Commerce and Services (CAC) reported a decline in real consumption of 3.4%. In the first two months of the year it accumulates a decrease of 1.3%.