Argentina’s consumer confidence indicator rose by 1.8 points to 43.6 in July of 2023, the highest since October 2019, supported by a somewhat slowdown in the country's soaring inflation rate. Increases were noted in all components of the survey, including households’ personal financial situation (45 vs 42 in June), Argentina’s macroeconomic situation (52.74 vs 51.7), and consumers’ willingness to make durable goods purchases (32.9 vs 31.7). source: Universidad Torcuato di Tella

Consumer Confidence in Argentina averaged 44.94 points from 2001 until 2023, 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 August of 2023.

Consumer Confidence in Argentina is expected to be 41.00 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 40.00 points in 2024 and 45.00 points in 2025, according to our econometric models.

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Argentina Consumer Confidence



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-06-29 02:00 PM Jun 41.8 38.3 40
2023-07-27 02:00 PM Jul 43.6 41.8 42.2
2023-08-31 02:00 PM Aug 43.6 43


Related Last Previous Unit Reference
Consumer Confidence 43.56 41.79 points Jul 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
43.56 41.79 60.97 28.44 2001 - 2023 points Monthly

News Stream
Argentina Consumer Confidence Rises to Near 4-Year High
Argentina’s consumer confidence indicator rose by 1.8 points to 43.6 in July of 2023, the highest since October 2019, supported by a somewhat slowdown in the country's soaring inflation rate. Increases were noted in all components of the survey, including households’ personal financial situation (45 vs 42 in June), Argentina’s macroeconomic situation (52.74 vs 51.7), and consumers’ willingness to make durable goods purchases (32.9 vs 31.7).
2023-07-27
Argentina Consumer Confidence Hits Near 3-1/2-Year High
Argentina’s consumer confidence indicator climbed to a near 3-1/2-year high of 41.8 in June, up from 38.3 in the prior month. Increases were seen in all components of the survey, notably the propensity to purchase durable goods (31.67 vs 26.68 in May). Opinions about the personal situation (42.02 vs 39.14) and the country's economic situation (51.67 vs 49.11) also improved.
2023-06-29
Argentina Consumer Confidence Rises to 4-Month High
Argentina’s consumer confidence indicator rose to a four-month high of 38.3 in May 2023 from 37.1 in the prior month, as households were slightly less pessimistic regarding the country's macroeconomic situation (44.7 vs 44.4 in April). Meanwhile, opinions regarding the personal situation remained relatively unchanged (40.5 vs 40.6); while the propensity to purchase durable goods declined (26 vs 29.6).
2023-05-24