Consumer confidence in Argentina edged up to 35.4 in May of 2021 from 35.3 in the previous month, the lowest levels recorded since April of 2019 as a new surging wave of COVID-19 infections brought back restrictive measures and is overloading health facilities. Consumers’ assessment of the Argentinian economy improved slightly (42.3 vs 41.8 in April) but remains historically very low. In contrast, their personal situation perceptions gently deteriorated (40.2 vs 40.3) as well as their willingness to purchase durable goods (23.9 vs 24). Nevertheless, confidence improved among low-income consumers (2.1 percent), while it has declined for high-income ones (-3.1 percent). In comparison to last year’s corresponding month, consumer confidence contracted by 7.8 percent. source: Universidad Torcuato di Tella
Consumer Confidence in Argentina averaged 45.68 points from 2001 until 2021, 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 June of 2021.
Consumer Confidence in Argentina is expected to be 39.00 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 42.00 in 12 months time. In the long-term, the Argentina Consumer Confidence is projected to trend around 42.00 points in 2022 and 40.00 points in 2023, according to our econometric models.