Consumer confidence in Argentina increased to 36.0 in December 2018 from 32.1 in the prior month. It is the strongest reading since August, as households' assessment improved regarding their personal situation (15.6 percent to 38.6) and the country's economic situation (10.1 percent to 55.1). Also, the willingness to purchase durable goods rose significantly (10.7 percent to 14.3). Consumer Confidence in Argentina averaged 46.55 Index Points from 2001 until 2018, reaching an all time high of 60.97 Index Points in January of 2007 and a record low of 28.44 Index Points in September of 2002.
Consumer Confidence in Argentina is expected to be 31.70 Index 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 38.00 in 12 months time. In the long-term, the Argentina Consumer Confidence is projected to trend around 42.00 Index Points in 2020, according to our econometric models.