Argentina: Consumer confidence falls in April
The Universidad Torcuato di Tella (UTDT) consumer confidence index fell to 37.1 in April from 38.2 in March. Consequently, the index moved further below the 50-threshold that separates optimism from pessimism among consumers.
Consumers grew more pessimistic over their future financial situations. Moreover, their willingness to purchase big ticket items weakened. On the flipside, their expectations over the general economic conditions in the year ahead improved.