Argentina’s consumer confidence indicator decreased to 44.11 in March 2025, down from 47.4 in January, marking the lowest level this year. Assessments of personal financial situations showed slight improvement, while intentions to purchase durable goods fell. Year-over-year, the Consumer Confidence Index registered a notable increase of 20.27%.
In March 2025, Argentina’s consumer confidence indicator fell to 44.11, marking a significant decrease from its peak of 47.4 in January, the highest since November 2023. This decline reflects a broader drop in optimism across three key subindexes. Although assessments of personal financial situations showed a slight improvement, rising to 45.81 from 49.54 in February, intentions to purchase durable goods slightly decreased from 34.40 to 34.33. Furthermore, while the macroeconomic situation improved marginally, increasing from 57.83 to 52.20, overall consumer confidence remains low.
Despite the decline in consumer confidence in the recent month, there is a noteworthy year-over-year increase. The Consumer Confidence Index has soared by 20.27%, indicating a significant improvement compared to the previous year.
The latest data reveals a decline in Argentina’s consumer confidence indicator, which has decreased to 44.11 in March 2025. This downturn reflects diminished optimism across various subindexes, despite some improvements in personal financial assessments. Notably, on a year-over-year basis, the Consumer Confidence Index has seen a substantial increase of 20.27% compared to the previous year. The mixed sentiments suggest that while current confidence levels are low, there is potential for recovery.
Original Source: www.tradingview.com
