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.