Consumer confidence in Argentina rose to 36.5 in May 2019 from 34.4 in the previous month. It was the highest reading since April last year, as households' assessment improved regarding their personal situation (37.6 from 37 in April); the country's economic situation (58 from 54); and the willingness to purchase durable goods (13.8 from 12.2). Consumer Confidence in Argentina averaged 46.29 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 32.00 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 38.00 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.