Argentina’s consumer confidence indicator edged higher to 37.2 in September of 2022 from an upwardly revised 37.1 in the prior month and extending the rebound from the one-year low from June. Households were more optimistic about their personal financial situation (38.7 vs 38.5 in August) and the country’s macroeconomic situation (38.7 vs 38.5), while the willingness to make major purchases was held constant (at 27.9). Still, the indicator remains well below the 10-year average of 42.8, as the country deals with soaring inflation and borrowing costs, in addition to a currency crisis. source: Universidad Torcuato di Tella
Consumer Confidence in Argentina averaged 45.20 points from 2001 until 2022, 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 October of 2022.
Consumer Confidence in Argentina is expected to be 38.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Consumer Confidence is projected to trend around 42.00 points in 2023, according to our econometric models.