Overview
- The Universidad Torcuato Di Tella's consumer confidence index fell to 40.23 in August, a 1.08% drop from July and a 0.71% rise versus August 2025, based on a survey conducted between August 4 and 13.
- Only the macroeconomic expectations subindex improved in August, rising 3.06%, while measures tied to durable goods and housing fell 4.03% and personal situation fell 3.31%.
- Regional results were mixed: the Interior fell 3.79% but remains the highest-scoring region (43.82), while Greater Buenos Aires gained 0.41% and the City of Buenos Aires rose 0.11%, with GBA the lowest at 38.27.
- Households by income showed divergent moves, with low-income homes up 2.13% and high-income homes down 1.76%, though high-income households still report higher confidence overall (42.68 versus 36.76).
- The report notes a wider trend: the ICC peaked at 47.38 in January 2025 and has since fallen 15.09%, a decline analysts link to sustained high interest rates and rising loan defaults that curb borrowing and spending.