Consumer confidence fell by almost 5% in July after two months on the rise

La NaciónIndependent🔒Center3 hr. ago

The Consumer Confidence Index (ICC) in Argentina fell by 4.8% in July 2026, marking a reversal from previous months of growth. The decline affected all regions of the country, including both low-income and high-income households, as well as all age groups. The index dropped to 40.67 points, down from 42.71 points in June 2026, representing a 12.30% annual decrease compared to July 2025. The report highlights that confidence peaked under the current administration in January 2025 at 47.38 points but has since declined by 14.16%. Since the economic measures introduced by President Milei in early 2024, which brought the index down to 35.60 points, there has been a 14.24% increase. The most significant drops were recorded in Greater Buenos Aires (-6.35%) and Buenos Aires City (-6.24%), while the interior saw a smaller decline of -1.68%. The data also indicates that younger age groups experienced sharper declines in confidence.

Bias read (Center): While the article discusses economic indicators influenced by government policies, it presents the data objectively without overtly favoring any political stance. It reports on the impact of various administrations and policies without taking a clear ideological position, maintaining a balanced tone

PerfilIndependentProgressive9 hr. ago

The Consumer Confidence Index (ICC) in Argentina fell by nearly 5% in July, marking a continued decline in household expectations. The index dropped to 40.67 points, representing a monthly decrease of 4.78% and a year-on-year drop of 12.30% compared to July 2025. The contraction was widespread across all regions and income segments, but households with lower incomes were disproportionately affected, experiencing a sharper decline of 11.47% in confidence. In Greater Buenos Aires (GBA), confidence fell by 6.35% to 38.12 points, while the interior maintained higher levels at 45.55 points. Lower-income households saw significant drops in their perception of personal and macroeconomic conditions, with the gap between high and low-income households widening. The report highlights broader economic concerns, including reduced willingness to purchase durable goods and real estate.

Bias read (Progressive): The article frames the decline in consumer confidence as part of a broader pattern influenced by government policies, particularly referencing 'fraude estadístico' (statistical fraud) associated with President Milei. This implies criticism of the administration’s handling of economic data and its sp