Argentina Consumer Spending  Forecast 2016-2020

Consumer Spending in Argentina is expected to be 540000.00 ARS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Argentina to stand at 510933.89 in 12 months time. In the long-term, the Argentina Consumer Spending is projected to trend around 585000.00 ARS Million in 2020, according to our econometric models.

Argentina Consumer Spending
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Consumer Spending 477895 540000 525000 557000 510934 585000 ARS Million
Argentina Consumer Spending Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Argentina Consumer Spending using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Argentina Consumer Spending - was last predicted on Sunday, May 28, 2017.
Argentina Consumer Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Confidence 45.76 45.8 49 50.94 45.65 53
Retail Sales MoM -44.76 -0.5 -1 1.1 1.63 1.1
Retail Sales YoY 10.6 25 23 22 11.91 17
Consumer Spending 477895 540000 525000 557000 510934 585000
Gasoline Prices 1.2 1.17 1.17 1.2 1.17 1.17