Consumer confidence in Argentina fell to 34.6 in June of 2021 from 35.4 in the prior month, the lowest level since April of 2019, as a spike in Covid-19 infections and fatalities prompted authorities to extend restrictions. Consumers were more pessimistic on their personal situation (38.9 from 40.2 in May) and the willingness to purchase durable goods fell sharply (21.6 from 23.9). Meanwhile, prospects for the country's economic situation continued to improve (43.4 from 42.3). source: Universidad Torcuato di Tella

Consumer Confidence in Argentina averaged 45.68 points from 2001 until 2021, reaching an all time high of 60.97 points in January of 2007 and a record low of 28.44 points in September of 2002. This page provides the latest reported value for - Argentina Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Consumer Confidence in Argentina is expected to be 36.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Argentina to stand at 42.00 in 12 months time. In the long-term, the Argentina Consumer Confidence is projected to trend around 42.00 points in 2022 and 40.00 points in 2023, according to our econometric models.

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Argentina Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
34.60 35.40 60.97 28.44 2001 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-25 02:00 PM Mar 38.2 37.8 38
2021-04-29 01:30 PM Apr 35.3 38.2 37.4
2021-05-27 01:20 PM May 35.4 35.3 36
2021-06-24 01:00 PM Jun 34.6 35.4 36
2021-07-29 02:00 PM Jul 34.6 35
2021-08-26 02:40 PM Aug
2021-09-30 03:00 PM Sep
2021-10-28 01:00 PM Oct


News Stream
Argentina Consumer Confidence Hits Over 2-Year Low
Consumer confidence in Argentina fell to 34.6 in June of 2021 from 35.4 in the prior month, the lowest level since April of 2019, as a spike in Covid-19 infections and fatalities prompted authorities to extend restrictions. Consumers were more pessimistic on their personal situation (38.9 from 40.2 in May) and the willingness to purchase durable goods fell sharply (21.6 from 23.9). Meanwhile, prospects for the country's economic situation continued to improve (43.4 from 42.3).
2021-06-24
Argentina Consumer Morale Stagnates in May
Consumer confidence in Argentina edged up to 35.4 in May of 2021 from 35.3 in the previous month, the lowest levels recorded since April of 2019 as a new surging wave of COVID-19 infections brought back restrictive measures and is overloading health facilities. Consumers’ assessment of the Argentinian economy improved slightly (42.3 vs 41.8 in April) but remains historically very low. In contrast, their personal situation perceptions gently deteriorated (40.2 vs 40.3) as well as their willingness to purchase durable goods (23.9 vs 24). Nevertheless, confidence improved among low-income consumers (2.1 percent), while it has declined for high-income ones (-3.1 percent). In comparison to last year’s corresponding month, consumer confidence contracted by 7.8 percent.
2021-05-27
Argentina Consumer Morale at 2-Year Low
Consumer confidence in Argentina fell to 35.3 in April of 2021 from 38.2 in the previous month, the lowest level since April of 2019 as restrictions were rolled back after coronavirus infections surged to their highest since the onset of the pandemic. Consumers’ assessment of the Argentinian economy was at the lowest in 7 years (41.8 from 44.4 in March), their personal situation deteriorated towards a 2-year low (40.3 from 43.2), and the willingness to purchase durable goods retreated further (24.0 from 27.0).
2021-04-29
Argentina Consumer Morale Improves Slightly in March
Consumer confidence in Argentina slightly edged up to 38.2 in March of 2021 from 37.8 in the previous month, after three consecutive months of declines amid the easing of coronavirus restrictions. Consumers were less pessimistic on their personal situation (43.2 from 41.1 in February), and on the country's economic situation (44.4 from 43.4), while the willingness to purchase durable goods decreased (27.0 from 28.9).
2021-03-25

Argentina Consumer Confidence
In Argentina, the Consumer Confidence Index (ICC - Índice de Confianza del Consumidor) is based on a survey consisting of six questions referring to the perception of current personal financial situation and economic situation in the country; the future economic situation in the short term and in the long term and expectations regarding the purchase of household items and consumption durables, such as vehicles. The index is a weighted average of three regional indexes: Federal Capital (15.9 percent), Countryside (30.7 percent) and Greater Buenos Aires (53.4 percent). The index is based on the proportion of positive and negative answers over the total number of people surveyed. The value of the index would be equal to 100 if all the answers to a specific question were positive, while in the opposite case the value would be equal to 0.