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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ArgentinaArgentina Consumer Confidence climbed to 40.14% in May 2026
FMPMonthlyReleased May 2026
Argentina Consumer Confidence climbed to 40.14% in May 2026, up 0.52% from April's 39.62% reading. The reading matched the 41.0% consensus. Year-over-year, the indicator is down 5.35%. Over the past 3 months, Consumer Confidence averaged 40.68%, vs 44.78% in the prior 3-month window. The reading is in the 35th percentile of the trailing 24-month range.
Latest Release
40.14
Actual
41
Consensus
39.62
Previous
Median Absolute Error
±2.21 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 41.02
Actual: 40.14
Error: +0.88
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.60 | FOREX | Bullish USD | → View |
| BTC/USD | ▼ Inverse | −0.57 | CRYPTO | Bearish BTC | → View |
| EUR/USD | ▼ Inverse | −0.39 | FOREX | Bearish EUR | → View |
| GBP/USD | ▼ Inverse | −0.32 | FOREX | Bearish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Argentina) was reported at 40.14% in May 2026. This missed the market consensus of 41% by 0.86%. The reading rose from the previous value of 39.62%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 43.17%, ranging from 39.81% to 46.37% across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 42.06%, down from the prior three at 44.64%. Volatility over the past year (σ 2.51%) is lower than the prior year (σ 3.24%). In May readings over the past 3 years, Consumer Confidence has averaged 41.31%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/JPY (Bullish USD). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 2.21%.
WHAT TO WATCH NEXT
The next release is scheduled for June 18, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - AR
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About Consumer Confidence — Argentina
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 40.14 %, consensus 41 %. Prior reading (Apr 2026): 40 %. Before that (Apr 2026): 40 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/JPY (Bullish USD, r=0.60) — a useful reference for forex-focused traders.