In November, the consumer confidence index published by the Universidad Torcuato di Tella (UTDT) rose 5.3 points to 55.4 points from 50.1 points in October. At the current level, the consumer sentiment gauge is at its highest level since March 2007. The sub-index related to the country's general economic situation experienced the most sizable increase in November, as consumers are increasingly optimistic about the prospects for the Argentine economy both in the short-term (12 months) and in the long run (3 years). In addition, respondents to the survey were more optimistic about their personal financial situation. In fact, consumers view of their own situation compared to the previous 12 months improved. In addition, consumers also expected an improvement in their finances in the following 12 months. The improvement is likely to buttress purchases of durable goods in the months ahead.
Argentina Consumer Confidence
Consumer confidence rises to highest level in more than three years
November 20, 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).