Argentina Consumer Confidence

Argentina

Argentina: Consumer sentiment improves in May

May 21, 2015

The Universidad Torcuato di Tella (UTDT) consumer confidence index increased from 52.9 in April to 55.0 in May, which marked the highest value since January 2012. As a result, the index rests comfortably above the 50-point-threshold separating optimistic from pessimistic sentiment.

May’s increase in consumer confidence reflected consumers’ more optimistic sentiment regarding their personal finances compared to a year ago. In addition, in May, consumers were more willing to make major purchases compared to the previous month. Moreover, their expectations for the economic outlook of the country improved over April.

LatinFocus panelists see private consumption rising 0.9% in 2015, which is unchanged from last month’s forecast. For 2016, panelists expect private consumption to expand 2.4%.


Author:, Senior Economist

Sample Report

Looking for forecasts related to Consumer Confidence in Argentina? Download a sample report now.

Download

Argentina Consumer Confidence Chart


Argentina Consumer Confidence May 2015 0

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


Argentina Economic News

More news

Search form