Argentina’s consumer confidence indicator fell to 44.11 in March 2025, the lowest this year from 47.4 in January. All subindexes showed decreased optimism, with personal financial assessments slightly improved. Notably, the Consumer Confidence Index increased by 20.27% year-over-year.

In March 2025, Argentina’s consumer confidence indicator recorded a decline, reaching 44.11, marking the lowest level observed this year. This figure decreased from the highest mark since November 2023, which was 47.4 in January. The optimism surrounding consumer confidence diminished across all three subindexes, despite a slight increase in assessments of personal financial situations, which rose to 45.81 from 49.54 in February.

Consumer intentions to purchase durable goods also experienced a marginal decline, falling to 34.33 from 34.40. However, the outlook for the macroeconomic situation showed a modest improvement, rising to 52.20 from 57.83. Comparatively, on a year-over-year basis, the Consumer Confidence Index increased significantly, soaring by 20.27%.

The latest consumer confidence data from Argentina indicates a concerning trend, as the overall indicator fell to its lowest point for the year at 44.11. Despite some improvement in the macroeconomic outlook, overall optimism decreased across major confidence subindexes, though there was an annual increase of over 20% in the Consumer Confidence Index.

Original Source: www.tradingview.com