Consumer confidence in Argentina dropped to 38.4 in May 2020 from 39.3 in the previous month. It was the lowest reading since May last year, amid the coronavirus pandemic. Households' assessment deteriorated regarding their personal situation (46.8 from 52.3 in April) and the country's economic situation (53.4 from 57.6). Meanwhile, the willingness to purchase durable goods increased (15 from 8).
Consumer Confidence in Argentina averaged 46.05 points from 2001 until 2020, 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 May of 2020. source: Universidad Torcuato di Tella
Consumer Confidence in Argentina is expected to be 28.00 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 36.00 in 12 months time. In the long-term, the Argentina Consumer Confidence is projected to trend around 35.00 points in 2021 and 37.00 points in 2022, according to our econometric models.