Consumer confidence in Argentina increased to 36 in February 2019 from 33.1 in the previous month. Households' assessment improved regarding their personal situation (38.6 from 34.6 in January) and the country's economic situation (54.4 from 49.2). On the other hand, the willingness to purchase durable goods declined (15.1 from 15.6). Consumer Confidence in Argentina averaged 46.44 Index Points from 2001 until 2019, reaching an all time high of 60.97 Index Points in January of 2007 and a record low of 28.44 Index Points in September of 2002.
Consumer Confidence in Argentina is expected to be 36.40 Index 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 40.00 in 12 months time. In the long-term, the Argentina Consumer Confidence is projected to trend around 42.00 Index Points in 2020, according to our econometric models.