In July, the consumer confidence index, published by the Universidad Torcuato di Tella (UTDT) reached 58.1 points, which was up 2.4 points from the 55.7 points recorded in June. With the July reading, consumer sentiment pushed further above the 50-point threshold separating optimism from pessimism, reaching the highest level since March 2007 and suggesting that consumer spending will remain at current levels going forward. The sub-index relative to the general economic situation improved substantially compared to June, while the component relative to the personal economic situation remained broadly unchanged. Finally, households expressed a higher willingness to make durable goods purchases compared to the previous month.
Argentina Consumer Confidence
Consumer confidence reaches highest level in more than four years
July 21, 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 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 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 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).