In October, the Universidad Torcuato di Tella (UTDT) consumer confidence index eased to 57.7 points, which was down 1.6 points from the 59.3 points recorded in September, which had marked the highest level since February 2007. Despite the moderation, consumer sentiment remains above the 50-point threshold separating optimism from pessimism, and thus bodes well for consumer spending going forward. Both the sub-index relating to the general economic situation and to the personal economic situation deteriorated compared to the previous month. However, households did express a higher willingness to purchase durable goods compared to September.
Argentina Consumer Confidence
Consumer confidence eases in October
October 24, 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).