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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ArgentinaArgentina Consumer Confidence fell to 40.67% in July 2026
FMPMonthlyReleased July 2026
Argentina Consumer Confidence fell to 40.67% in July 2026, down 2.04% from June's 42.71% reading. The reading matched the 42.0% consensus. Year-over-year, the indicator is down 5.7%. Over the past 3 months, Consumer Confidence averaged 41.43%, vs 41.51% in the prior 3-month window. The reading is in the 31st percentile of the trailing 24-month range.
Latest Release
40.67
Actual
42
Consensus
42.71
Previous
Median Absolute Error
±2.21 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 42.46
Actual: 40.67
Error: +1.79
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 |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.62 | FOREX | Moves with | → View |
| BTC/USD | ▼ Inverse | −0.61 | CRYPTO | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.60 | FOREX | Moves against | → View |
| GBP/USD | ▼ Inverse | −0.49 | FOREX | Moves against | → 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 40.67% in July 2026. This missed the market consensus of 42% by 1.33%. The reading fell from the previous value of 42.71%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 42.32%, ranging from 39.81% to 46.04% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 41.17%, down from the prior three at 43.86%. Volatility over the past year (σ 2.16%) is comparable than the prior year (σ 2.39%). In July readings over the past 3 years, Consumer Confidence has averaged 42.05%.
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 August 20, 2026.
Auto-generated from current model state · Refreshes on each release · Last update July 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 (Jul 2026): actual 40.67 %, consensus 42 %. Prior reading (Jun 2026): 42.71 %. Before that (May 2026): 40.14 %.
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. This indicator correlates most strongly with USD/JPY (Bullish USD, r=0.62) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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