Consumer confidence in Argentina dropped to 38.4 in May 2020 from 39.3 in the previous month. It was the lowest reading since May last year, amid the coronavirus pandemic. Households' assessment deteriorated regarding their personal situation (46.8 from 52.3 in April) and the country's economic situation (53.4 from 57.6). Meanwhile, the willingness to purchase durable goods increased (15 from 8).

Consumer Confidence in Argentina averaged 46.05 points from 2001 until 2020, reaching an all time high of 60.97 points in January of 2007 and a record low of 28.44 points in September of 2002. This page provides the latest reported value for - Argentina Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Universidad Torcuato di Tella

Consumer Confidence in Argentina is expected to be 28.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Argentina to stand at 36.00 in 12 months time. In the long-term, the Argentina Consumer Confidence is projected to trend around 35.00 points in 2021 and 37.00 points in 2022, according to our econometric models.

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Argentina Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
38.40 39.30 60.97 28.44 2001 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-20 02:00 PM Feb 42.7 43 42.5
2020-03-19 02:00 PM Mar 41.2 42.7 42
2020-04-23 01:30 PM Apr 39.3 41.2 30
2020-05-21 01:30 PM May 38.4 39.3 30
2020-06-25 03:00 PM Jun 38.4 34
2020-07-23 03:00 PM Jul
2020-08-27 03:00 PM Aug
2020-09-24 03:00 PM Sep 32


News Stream
Argentina Consumer Morale Drops to 1-Year Low
Consumer confidence in Argentina dropped to 38.4 in May 2020 from 39.3 in the previous month. It was the lowest reading since May last year, amid the coronavirus pandemic. Households' assessment deteriorated regarding their personal situation (46.8 from 52.3 in April) and the country's economic situation (53.4 from 57.6). Meanwhile, the willingness to purchase durable goods increased (15 from 8).
2020-05-21
Argentina Consumer Sentiment Falls to Near 1-Year Low
Consumer confidence in Argentina declined to 39.3 in April 2020 from 41.2 in the previous month. It was the lowest reading since May last year, as the willingness to purchase durable goods dropped (8 from 17.8 in March). On the other hand, households' assessment improved regarding the country's economic situation (57.6 from 56.5) and their personal situation (52.3 from 49.3).
2020-04-23
Argentina Consumer Sentiment Deteriorates in March
Consumer confidence in Argentina dropped to 41.2 in March 2020 from 42.7 in the previous month, as households were less optimistic regarding the country's economic situation (56.5 from 59 in February) and their personal situation (49.3 from 50.3). Also, the willingness to purchase durable goods declined (17.8 from 18.9).
2020-03-19
Argentina Consumer Morale Weakens in February
Consumer confidence in Argentina decreased to 42.7 in February 2020 from 43 in the previous month, as households were less optimistic regarding the country's economic situation (59 from 62 in January). Meanwhile, households' assessment improved regarding their personal situation (50.3 from 49); and the willingness to purchase durable goods (18.9 from 18).
2020-02-20

Argentina Consumer Confidence
In Argentina, the Consumer Confidence Index (ICC - Índice de Confianza del Consumidor) is based on a survey consisting of six questions referring to the perception of current personal financial situation and economic situation in the country; the future economic situation in the short term and in the long term and expectations regarding the purchase of household items and consumption durables, such as vehicles. The index is a weighted average of three regional indexes: Federal Capital (15.9 percent), Countryside (30.7 percent) and Greater Buenos Aires (53.4 percent). The index is based on the proportion of positive and negative answers over the total number of people surveyed. The value of the index would be equal to 100 if all the answers to a specific question were positive, while in the opposite case the value would be equal to 0.