Consumer Spending in Argentina decreased to 476613 ARS Million in the third quarter of 2019 from 531077 ARS Million in the second quarter of 2019. Consumer Spending in Argentina averaged 460265.94 ARS Million from 2004 until 2019, reaching an all time high of 578333 ARS Million in the second quarter of 2018 and a record low of 293850 ARS Million in the fourth quarter of 2004. source: Instituto Nacional de Estadística y Censos (INDEC)
Consumer Spending in Argentina is expected to be 498592.00 ARS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Argentina to stand at 468511.00 in 12 months time. In the long-term, the Argentina Consumer Spending is projected to trend around 482671.00 ARS Million in 2020, according to our econometric models.