Argentina Consumer Confidence


Consumer confidence improves in May

In May, the Universidad Torcuato di Tella (UTDT) consumer confidence index rose 5.9% over the previous month to 46.4 points, contrasting the 12.7% decrease recorded in April and marking a first increase after three consecutive drops. As a result, consumer sentiment moved closer to the 50-point threshold that separates optimism from pessimism. Both sub-indices relating to the general economic situation and to the personal economic situation improved compared to the previous month. The largest increase was experienced by households'short-term expectations on the general economic situation (+13.9%). In addition, households'willingness to purchase durable goods improved compared to April.

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Argentina Consumer Confidence Chart

Argentina Consumer Confidence May 2012

Note: Monthly consumer confidence index. Values above 50 indicate an optimistic assesment in consumer sentiment while values below 50 indicate a pessimistic assesment.
Source: Universidad Torcuato di Tella (UTDT).

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