Consumer confidence in Argentina rose to 40.6 in June 2019 from 36.5 in May. It was the strongest reading since March last year, as households' assessment improved regarding their personal situation (42.3 vs 37.6 in May); the country's economic situation (62.8 vs 58); and the willingness to purchase durable goods (16.6 vs 13.8). Consumer Confidence in Argentina averaged 46.26 Index Points from 2001 until 2019, 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 37.00 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 44.00 Index Points in 2020, according to our econometric models.