In March 2025, Argentina’s consumer confidence fell to 44.11, its lowest this year. Despite a decline in optimism across personal finance and durable goods purchases, there was a slight improvement in macroeconomic perceptions. Year-over-year, confidence rose by 20.27%.
Argentina’s consumer confidence indicator decreased to 44.11 in March 2025, marking its lowest level of the year. This figure fell from 47.4 in January 2025, which was the highest point since November 2023. The decline in optimism is reflected across all three subindexes assessed.
Personal financial situation assessments dropped to 45.81 from 49.54 in February, while intentions to purchase durable goods slightly fell to 34.33 from 34.40. However, there was a small improvement in perceptions of the macroeconomic situation, rising to 52.20 from 57.83.
Despite the drop in March, the Consumer Confidence Index shows a significant year-over-year increase of 20.27%. This indicates that, compared to the same period last year, consumer confidence has generally improved, despite the current decline.
Overall, Argentina’s consumer confidence has reached a yearly low in March 2025, with declines seen in personal financial assessments and purchasing intentions. However, the positive year-over-year increase of 20.27% suggests some recovery compared to the previous year.
Original Source: www.tradingview.com