Argentina Consumer Spending  Forecast 2016-2020

Consumer Spending in Argentina is expected to be 525000.00 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 547671.26 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 Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Consumer Spending 519737 525000 557000 521795 547671 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 Friday, July 28, 2017.



Argentina Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence 42.5 49 50 51 52 53
Retail Sales MoM -44.76 -1 1.1 1.63 1.63 1.1
Retail Sales YoY 12.3 13 12 10.19 9.2 17
Consumer Spending 519737 525000 557000 521795 547671 585000
Gasoline Prices 1.19 1.12 1.12 1.1 1.09 1.17
Consumer Confidence Current Conditions 30.1 29.93 29.19 29.99 29.2 29.21
Consumer Confidence Economic Expectations 54.85 55.6 55.42 55.44 55.44 55.44
Consumer Confidence Financial Expectations 45.11 44.96 45.16 45.15 45.15 45.15
Consumer Confidence Major Purchases Expectations 28.69 28.47 27.57 28.6 27.58 27.58