Argentina Consumer Confidence at 5-Month Low

Argentina’s consumer confidence dropped to 42.03 in March 2026, marking its lowest level since October 2025 and a 5.3% decline from February’s 44.38. The drop was broad-based, with current conditions decreasing by 6.48% and future expectations by 4.45%. Regionally, Greater Buenos Aires saw the steepest decline (-9.35%), followed by the City of Buenos Aires falling (-6.99%), while the rest of the country recorded a modest increase of 1.26%. Confidence weakened across income groups, declining 6.91% among low-income households and 4.71% among high-income households. Among sub-indices, the sharpest decline was in the personal situation index (-8.23%), followed by durable goods and real estate (-4.58%) and the macroeconomic situation (-3.26%). On a year-on-year basis, consumer confidence declined 4.73%.

Argentina’s Consumer Confidence Index fell 4.7% month-on-month to 44 in February 2026, marking its weakest level since October 2025. All subcomponents posted declines, led by Personal Situation (-7.62%) and Macroeconomic Situation (-5.37%), while Durable Goods and Real Estate was broadly stable (-0.02%). By income, confidence dropped across both segments, with a sharper fall among high-income households (-5.24%) than lower-income households (-2.28%). Regionally, declines were widespread, led by Ciudad Autónoma de Buenos Aires (-7.77%) and Gran Buenos Aires (-5.35%), while the Interior recorded a milder contraction (-2.26%). On a yearly basis, the index was down 6.09% from February 2025.

Argentina’s Consumer Confidence Index rose 2.2% month-over-month to 46.6 in January 2026, resuming its recovery after the previous month’s decline to the highest level in eleven months. Current conditions strengthened while future expectations weakened. The current conditions index increased 7.88% from December, while future expectations fell 1.40%. Among sub-indices, durable goods and real estate rose 9.90%, the macroeconomic situation declined 2.23%, and the personal situation increased 1.83%. Regionally, the Interior posted the largest monthly increase, at 7.90%, while Greater Buenos Aires recorded a marginal 0.07% decline. By income level, confidence increased 1.27% among high-income households and rose 3.32% among low-income households. On a year-on-year basis, the index declined 1.72% from January 2025.