In October, the consumer confidence index published by the Universidad Torcuato di Tella (UTDT) rose from 48.8 points in September to 50.1 points. The most sizable increase in consumer confidence was seen in the sub-index related to the country's general economic situation, as consumers were more upbeat regarding economic prospects both for the next twelve months and for the next three years. In addition, respondents to the survey held a more optimistic assessment of their personal financial situation compared to the previous twelve months, leading to improving prospects for the purchase of durable goods. On a negative note, households have more subdued expectations for their finances in the coming twelve months.
Argentina Consumer Confidence
Consumer confidence recovers in October
October 15, 2010
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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).