In January, the consumer confidence index, published by the Universidad Torcuato di Tella (UTDT), rose by 2.5 points to 55.7 points from 53.2 points in December. The January increase more than compensated for the 2.2 point drop recorded in December and saw confidence sentiment advance to its highest level since March 2007. At the current level, the index of consumer confidence remains above the 50-point threshold, which separates optimism from pessimism. Consumers are more upbeat about their personal financial situation but more pessimistic about the economic outlook. As a consequence of the improving personal financial situation, respondents show a much higher willingness to buy durable consumer goods than in December, with the pertinent sub-index rising from 44.2 points in December to 51.2 points in January.
Argentina Consumer Confidence
Consumer confidence jumps to highest level in almost four years
January 17, 2011
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Argentina Economic News
October 4, 2016
At its weekly meeting on 4 October, the Central Bank of the Argentine Republic (BCRA) decided to keep the 35-day Lebac interest rate unchanged at 26.75%, matching the previous week’s decision.
September 30, 2016
In August, industrial production contracted 5.7% over the same month of the previous year, according to the latest data released by the National Statistical Institute (INDEC).
September 28, 2016
In August, exports expanded 12.0% over the same month last year, which contrasted the 10.8% decrease seen in July and marked the highest reading since May 2013.
September 28, 2016
In July, the monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) declined 5.9% year-on-year, which was below the 4.7% fall in June and represented the steepest contraction since July 2009.
September 26, 2016
In August, consumer prices in the greater Buenos Aires capital area increased 0.2% over the previous month, according to recent data published by the National Statistics Institute (INDEC).