Argentina Consumer Sentiment Deteriorates in July

Argentina's consumer confidence index fell 4.8% month-over-month to 40.67 points in July 2026, with all sub-indexes remaining in negative territory as sentiment weakened. Sentiment over current conditions edged down 1.2% to 34.2, reflecting an 8.5% drop in assessments of the country's economic situation to 46.7 and a 3.9% decline in views of personal finances to 39.98. Confidence over current purchases of durable goods and real estate eased 0.5% to 35.33. Sentiment deteriorated more sharply among lower-income households (-11.5%) than higher-income households (-1.5%), although the latter reported a 3.5% increase in sentiment toward durable goods and real estate purchases. Regionally, Greater Buenos Aires (-6.35%) and the City of Buenos Aires (-6.24%) posted the steepest declines, while the rest of the country recorded the highest confidence level at 45.55. Meanwhile, expectations regarding future conditions fell 7.2% to 47.14, remaining 11.4% below last years projections.

Argentina’s consumer confidence index rose 6.41% month-over-month to 42.71 points in June 2026. All sub-indexes advanced, with the strongest gain in Durable Goods and Real Estate (7.80%), followed by Personal Situation (7.79%), while the Macroeconomic Situation index rose 4.37%. Both Present Conditions and Future Expectations improved, with Present Conditions posting the sharper increase at 8.77% and Future Expectations rising 4.85%. By region, confidence increased across all areas, led by Greater Buenos Aires (10.01%), followed by Buenos Aires (4.78%) and the Interior (2.06%). The Interior continued to record the highest reading at 46.33 points, while Greater Buenos Aires remained the lowest at 40.70 points. By income level, confidence rose in both segments, with lower-income households up 7.16% and higher-income households increasing 5.34%. Higher-income households continued to post the stronger reading at 44.09 points, compared with 40.66 points for lower-income households.

Argentina’s consumer confidence index edged up to 40.14 in May 2026, representing a monthly increase of 1.26%. Among the sub-indexes, the Macroeconomic Situation component posted the strongest gain, rising 4.46%, followed by Durable Goods and Real Estate, up 0.83%, while the Personal Situation sub-index fell 2.18%. Regionally, confidence increased across all areas, led by Buenos Aires City with a 6.42% rise, followed by Greater Buenos Aires (0.48%) and the Interior (0.10%). The Interior continued to post the highest confidence level at 45.39 points, while Greater Buenos Aires remained the lowest at 37 points. By income level, low-income households recorded a 6.86% increase in confidence, while high-income households posted a 1.68% decline. Still, high-income households continued to show a higher confidence level overall, at 41.86 points versus 37.94 points for low-income households.