Argentina: Consumer sentiment stable in November
November 24, 2017
In November, the Universidad Torcuato di Tella (UTDT) consumer confidence index remained stable at October’s 51.1 points. The index is slightly above the 50-point threshold that separates pessimistic from optimistic sentiment, for the third time since January 2016.
The index’s marginal uptick reflects an increase in the macroeconomic outlook offsetting deteriorations in consumers’ willingness to purchase durable goods rose and perceptions of personal financial situation.