Argentina - Consumer Confidence

Argentina: Consumer Confidence

Mnemonic CIC.IARG
Unit Dif. Index=50, NSA
Adjustments Not Seasonally Adjusted
Monthly 7.27 %
Data Jan 2023 38.52
Dec 2022 35.91

Series Information

Source University Torcuato Di Tella
Release Consumer Confidence Index (CCI)
Frequency Monthly
Start Date 3/31/2001
End Date 1/31/2023

Argentina: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Jan 2023 38.52 35.91 Dif. Index=50, NSA Monthly
Retail Sales Nov 2022 43,631 48,265 Mil. ARS, NSA Monthly

Release Information

Consumer Confidence Index is a survey by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future. The dataset provides information on the Consumer Confidence Index of Argentina. 

The data are provided by University Torcuato Di Tella and compiled through information available from different surveys. The survey includes various questions relating to personal finances and the economy in general. Questions cover areas such as:

  • Personal Economic Situations
    • How is your personal financial situation compared to a year ago: improved, it remains the same or worse?
    • What do you think will happen to their personal economic situation within a year: believed to improve, stay the same or get worse?
  • Macroeconomic Situation
    • How do you see the economic situation of the country within a year: better, the same or worse than today?
    • How do you see the economic situation of the country within three years: better, the same or worse than today?
  • Purchases of durable goods and property
    • Do you think this is a good time to make purchases such as appliances ?, options: Yes, No, Ns / Nc
    • Do you think it is a good time to make major purchases such as cars, or to move house ?, options: Yes, No, Ns / Nc

The methodology used for the survey follows the methodology used by University of Michigan in the US and the official bodies in the European Economic Community. The national index in created by using the weights of 3 seperate regions (Capital Federal, Gran Buenos Aires, and Interior) and used weights to calculate the national series.  

ICCnacional = ICCcapital * 0.1667 + ICCinterior * 0.3666 + ICCgba * 0.4667

 Revisions are uncommon

Please refer to the source's methodological page for more information.