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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ArgentinaArgentina Consumer Confidence fell to 40.23% in August 2026
FMPMonthlyReleased August 2026
Argentina Consumer Confidence fell to 40.23% in August 2026, down 0.44% from July's 40.67% reading. The reading matched the 40.4% consensus. Consumer Confidence has now declined for 3 consecutive months. Over the past 3 months, Consumer Confidence averaged 41.69%, vs 40.54% in the prior 3-month window. The reading is in the 31st percentile of the trailing 24-month range.
Latest Release
40.23
Actual
40.4
Consensus
40.67
Previous
Median Absolute Error
±2.06 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 40.75
Actual: 40.23
Error: +0.52
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.33 | COMMODITIES | Moves with | → View |
| BTC/USD | ▼ Inverse | −0.30 | CRYPTO | Moves against | → View |
| USD/JPY | ▲ Direct | +0.27 | FOREX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.26 | INDEX | Moves with | → 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 40.23% in August 2026. This missed the market consensus of 40.4% by 0.17%. The reading fell from the previous value of 40.67%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 42.35%, ranging from 39.81% to 46.04% across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 41.2%, down from the prior three at 42.06%. Volatility over the past year (σ 2.13%) is lower than the prior year (σ 2.58%). In August readings over the past 3 years, Consumer Confidence has averaged 40.54%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 2.06%.
WHAT TO WATCH NEXT
The next release is scheduled for September 17, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 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 (Aug 2026): actual 40.23 %, consensus 40.4 %. Prior reading (Jul 2026): 40.67 %. Before that (Jun 2026): 42.71 %.
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 tailwind in the current projection.
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EXPECTED ZONE
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