Argentina: Consumer confidence dips in February
March 14, 2021
The Universidad Torcuato di Tella (UTDT) consumer confidence index decreased to 37.8 in February from 38.2 in January. Therefore, the index moved further below the 50-threshold that separates optimism from pessimism among consumers.
Consumers were more pessimist over the general economic conditions in the year ahead. However, households’ willingness to purchase big ticket items strengthened, and they grew somewhat less pessimist over their future financial situation.