Investor in Clorox Assets Forecasts Argentina Consumption Rebound

A private equity fund managing partner, Pedro Palma, expressed optimism about the future of consumer spending in Argentina despite a recent decline attributed to President Javier Milei's austerity measures. The buyer of Clorox Co.'s assets in Argentina expects a substantial improvement in the second half of the year, citing stabilization and growth in certain categories within the general consumer sector. This positive outlook indicates hope for a rebound in consumption, offering potential opportunities for investors in the region.