Argentina: Consumer confidence improves again in September
October 6, 2021
The Universidad Torcuato di Tella (UTDT) consumer confidence index rose to 40.5 in September from 39.8 in August, marking the best reading since November 2020. However, the index remained entrenched below the 50-threshold that separates optimism from pessimism among consumers.
Consumers grew less pessimistic over the general economic conditions in the year ahead and households’ willingness to purchase big ticket items also improved. On the flip side, they were more downbeat over their future financial situation.