According to updated data released on June 12, 2024, the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) for Argentina has shown a slight improvement. The index, which serves as an economic indicator of consumer confidence, rose from 43.10 in May 2024 to 43.91 in June 2024.
This month-over-month comparison indicates that consumer sentiment in Argentina has experienced a modest uptick. In May, the PCSI had dropped to 43.10, reflecting a apprehensive mood among consumers. However, the latest figures suggest that there has been a slight positive shift in attitudes as the index climbed to 43.91 in June.
While the increase is modest, it marks a step in a positive direction for the Argentine economy. Analysts will be watching closely to see if this upward trend continues in the coming months, offering further insights into the stability and confidence of consumers in the region.
