Argentina Consumer Confidence

Consumer confidence in Argentina decreased to 44.47 in January of 2017 from 44.48 percent in December. Households were more pessimistic regarding macroeconomic situation (-3 percent to 57.05) but were more optimistic about purchases of durable goods and properties (+5.6 percent to 28.59) and their own personal situation (+0.5 percent to 47.76). Consumer Confidence in Argentina averaged 47.16 from 2001 until 2017, reaching an all time high of 60.97 in January of 2007 and a record low of 28.44 in September of 2002. 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. 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.