Argentina Consumer Confidence


Consumer sentiment picks up for second consecutive month

In January, the Universidad Torcuato di Tella (UTDT) consumer confidence index rose 0.9% over the previous month to 48.9 points. The expansion came in below the 8.7% rise recorded in December but marked, nonetheless, a second consecutive increase. As a result, consumer sentiment continued to edge closer to the 50-point threshold that separates optimism from pessimism.

The improvement was driven by increases in the sub-categories related to the households' assessment on the current and future personal financial situation. As a result, households' willingness to purchase durable goods also improved compared to December.

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Argentina Consumer Confidence Chart

Argentina Consumer Confidence January 2013

Note: Monthly consumer confidence index. Values above 50 indicate an optimistic assesment in consumer sentiment while values below 50 indicate a pessimistic assesment.
Source: Universidad Torcuato di Tella (UTDT).

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