Argentina’s consumer confidence indicator fell to 35.1 in November of 2022, dropping from 36.6 in the prior month, as soaring inflation and a plunging peso continued to hurt consumers’ purchasing power. It was the lowest reading in four months, as sentiment deteriorated for households’ personal situation (37.2 vs 38.3 in October), the macroeconomic situation in Argentina (41.7 vs 42.1), and consumers’ willingness to purchase durable goods (26.5 vs 26.6). source: Universidad Torcuato di Tella

Consumer Confidence in Argentina averaged 45.13 points from 2001 until 2022, 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 December of 2022.

Consumer Confidence in Argentina is expected to be 35.00 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 42.00 points in 2023 and 45.00 points in 2024, according to our econometric models.

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Argentina Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-10-27 02:30 PM Oct 35.7 37.2 38
2022-11-24 03:00 PM Nov 35.1 35.7 35
2022-12-29 03:00 PM Dec 35.1 35


Related Last Previous Unit Reference
Consumer Confidence 35.15 35.65 points Nov 2022

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
35.15 35.65 60.97 28.44 2001 - 2022 points Monthly

News Stream
Argentina Consumer Morale Drop to 4-Month Low
Argentina’s consumer confidence indicator fell to 35.1 in November of 2022, dropping from 36.6 in the prior month, as soaring inflation and a plunging peso continued to hurt consumers’ purchasing power. It was the lowest reading in four months, as sentiment deteriorated for households’ personal situation (37.2 vs 38.3 in October), the macroeconomic situation in Argentina (41.7 vs 42.1), and consumers’ willingness to purchase durable goods (26.5 vs 26.6).
2022-11-24
Argentina Consumer Confidence Deteriorates in October
Argentina’s consumer confidence indicator fell to 35.7 in October of 2022, edging down from the 37.2 in the prior month, as soaring inflation and the plunging peso continued to hurt consumers’ purchasing power. Sentiment deteriorated sharply for the country’s macroeconomic situation (42.1 vs 45 in September) and consumers’ willingness to purchase durable goods (26.6 vs 27.9). On top of that, confidence on households’ financial situation fell to the lowest since May 2019 (38.3 vs 38.7).
2022-10-27
Argentina Consumer Confidence Edges Higher
Argentina’s consumer confidence indicator edged higher to 37.2 in September of 2022 from an upwardly revised 37.1 in the prior month and extending the rebound from the one-year low from June. Households were more optimistic about their personal financial situation (38.7 vs 38.5 in August) and the country’s macroeconomic situation (38.7 vs 38.5), while the willingness to make major purchases was held constant (at 27.9). Still, the indicator remains well below the 10-year average of 42.8, as the country deals with soaring inflation and borrowing costs, in addition to a currency crisis.
2022-09-29