The economic activity in Argentina shrank 2.2 percent over a month earlier in April of 2020, following an upwardly revised 2.4 percent contraction in the previous month.

Leading Economic Index in Argentina averaged 0.16 percent from 1993 until 2020, reaching an all time high of 4.40 percent in July of 2003 and a record low of -4.60 percent in February of 2001. This page provides - Argentina Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Leading Economic Index - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Universidad Torcuato di Tella

Leading Economic Index in Argentina is expected to be -6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Argentina to stand at -0.50 in 12 months time. In the long-term, the Argentina Leading Economic Index is projected to trend around 0.30 percent in 2021, according to our econometric models.

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Argentina Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
-2.20 -2.40 4.40 -4.60 1993 - 2020 percent Monthly
2004=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-19 02:30 PM Jan 0.4% -1.9% -1.1%
2020-03-18 12:50 PM Feb -2.5% -1.2% -0.5%
2020-04-22 02:30 PM Mar -0.9% -2.4% -5%
2020-05-20 01:30 PM Apr -2.2% -2.4% -5%
2020-06-17 03:00 PM May -2.2% -2%
2020-07-31 02:45 PM Jun -1.5%
2020-08-21 02:10 PM Jul
2020-09-25 03:00 PM Aug


Argentina Leading Economic Index
In Argentina, the Leading Index (ILCIF) anticipates turning points in economic activity throughout the cycle. The index is composed by ten selected series according to their compliance, temporal consistency, economic rationality, representativeness and availability. These series are the following: stock market index of Buenos Aires, Merval Argentina, approved building plans, cement dispatches, bankruptcies, authorized contracts of property transactions, consumer confidence index, M2 Money Supply, metallurgical industry, use of intermediate goods. The index has a base value of 100 as of January of 1993.