Consumer confidence grew 6.4% in June and reinforces the economic recovery driven by Milei

Consumer confidence grew 6.4% in June and reinforces the economic recovery driven by Milei
Consumer confidence grew 6.4% in June and reinforces the economic recovery driven by Milei

Most read in Argentina

The SIDE is out to seek new talents in universities and aims to strengthen national intelligence

  1. Islam is a threat: what are the terrorist cells that attacked Argentina?

  2. 4,000-year-old dog tracks appear on bricks in an Anatolian settlement

  3. Xbox Game Pass: the 14 video games leaving the catalog on November 15

  4. The revenue grew above inflation and debunked the "recession" that Kirchnerism seeks to establish

Imagen de Editorial Team
porEditorial Team
Argentina

The Consumer Confidence Index (CCI) of CIF-UTDT jumped to 42.71 points, the largest monthly increase of the year

Add La Derecha Diario on
Share:

The Consumer Confidence Index (CCI) from the Finance Research Center at Torcuato Di Tella University rose 6.41% in June, reaching 42.71 points.

This is the largest monthly jump of the year and covers all dimensions of the index: personal situation, macroeconomic outlook, and willingness to purchase durable goods.

Nearly 20% recovery since the low in January 2024

When Milei took office and implemented the stabilization plan, confidence hit a low of 35.60 points in January 2024. Since that minimum, the index has accumulated a rise of 19.97%.

The adjustment was painful, but Argentine consumers themselves now recognize that it was the starting point of a genuine recovery.

La Derecha Diario on X

  1. ESCÁNDALO DE CORRUPCIÓN DE JANONES: EL ESTRATEGA DIGITAL DE LULA LE SACABA PARTE DE LOS SUELDOS A SUS ASESORES El jefe de la campaña digital de Lula, André Janones, de visita en la Argentina, además de tener una perimetral de su exesposa por violencia y amenazas, está condenado por armarse una "Chocolatería" en su despacho como diputado. El caso, conocido en Brasil como «Rachadinha», estalló luego de que lo engancharan a Janones en una cámara oculta explicando cómo le robaba parte de sus salarios a sus empleados de su despacho para "ayudarlo" a pagar deudas personales de su campaña electoral. “Creo justo que esas personas también participen conmigo de la reconstrucción de mi patrimonio”, afirmó Janones, quien sostuvo que no consideraba corrupta esa práctica. Fue encontrado culpable y tuvo que firmar un acuerdo con la Procuraduría General de la República para devolver más de 150.000 reales robados de esta manera.

    22 hours ago

  2. DEPORTEN A TODOS: Un video muestra a la mafia de los manteros africanos insultando, amenazando y atacando violentamente a la Policía porque los agentes no les permiten apropiarse de la vía pública en CABA.

    9 min ago

  3. HAITIANOS FESTEJAN LA LLEGADA DE LAS TROPAS DE BUKELE: Una multitud salió a las calles de Puerto Príncipe para celebrar la llegada de los militares salvadoreños, desplegados por Bukele para combatir a las pandillas y rescatar a cuatro técnicos secuestrados tras una emboscada.

    19 min ago

  4. JORDI WILD DESTRUYÓ AL INÚTIL DE PEDRO SÁNCHEZ: "NO ESTÁ CAPACITADO PARA GOBERNAR UN PAÍS DEL PRIMER MUNDO" El podcaster español repudió que Sánchez estuviera de vacaciones durante la invasión migratoria y responsabilizó tanto al Gobierno español como al marroquí por la crisis. "Los dos grandes culpables son el gobierno marroquí y el gobierno español".

    27 min ago

La Derecha Diario logo
TwitterInstagramYouTubeTikTokFacebook
Derecha Diario TV

Nosotros

  • Quienes Somos
  • Autores
  • Donar

Privacidad

  • Protección de datos
  • Canales
  • Sitemap
  • RSS

Contacto

  • info@derechadiario.com.ar
PUBLICIDAD
La Derecha Diario logo
ESX logoInstagram logoYouTube logoTikTok logoFacebook
ARGENTINAUNITED STATESECUADORISRAELMEXICOURUGUAY
ARGENTINAUNITED STATESECUADORISRAELMEXICOURUGUAY
DERECHA DIARIO TV
  • ES
    XInstagramYouTubeTikTokFacebook
  • DERECHA DIARIO TV
  • Sections
  • ARGENTINA
  • UNITED STATES
  • ECUADOR
  • ISRAEL
  • MEXICO
  • URUGUAY
  • Countries
  • La Derecha Diario logoLA DERECHA DIARIO
  • La Derecha Diario México logoLA DERECHA DIARIO MÉXICO
  • La Derecha Diario Uruguay logoLA DERECHA DIARIO URUGUAY
  • La Derecha Diario Ecuador logoLA DERECHA DIARIO ECUADOR
  • La Derecha Diario Israel logoLA DERECHA DIARIO ISRAEL
  • La Derecha Diario Estados Unidos logoLA DERECHA DIARIO ESTADOS UNIDOS
  • Topics
  • GUERRA EN IRÁN
  • The Newspaper
  • QUIENES SOMOS
  • AUTORES
  • PUBLICIDAD
  • DONAR

Related news

The Milei Government is preparing a special transportation operation for the visit of Pope Leo XIV

The Milei Government is preparing a special transportation operation for the visit of Pope Leo XIV

Boca is excited about the return of Tomás Aranda: Can he stand before Defensa y Justicia?

Boca is excited about the return of Tomás Aranda: Can he stand before Defensa y Justicia?

Nico Paz in Sarmiento? : who is the youth who surprised the fans with his incredible resemblance to the Como player

Nico Paz in Sarmiento? : who is the youth who surprised the fans with his incredible resemblance to the Como player

Trump anticipated good results for Republicans and defended his economic management before the polls closed

Trump anticipated good results for Republicans and defended his economic management before the polls closed

Lionel Messi fired Jesús de Miguel after his tragic death in Spanish football

Lionel Messi fired Jesús de Miguel after his tragic death in Spanish football

Lula's regime pushes for the highest VAT in the world after stealing the elections in Brazil

Lula's regime pushes for the highest VAT in the world after stealing the elections in Brazil

Almost 20% recovery since the January 2024 low
Almost 20% recovery since the January 2024 low

The conurbano leads: +10% monthly in the GBA

By regions, the surprise comes from Greater Buenos Aires, historically resistant to the libertarian program: it rose 10.01% in just one month, the largest regional increase. That the Buenos Aires conurbano shows the highest monthly optimism demonstrates that economic improvement is reaching popular sectors, not just Milei's traditional voters.

The poorest grow more than the richest

Another fact that dismantles the opposition narrative: low-income households rose 7.16%, surpassing the increase of high-income households (+5.34%).

The poorest grow more than the richest
The poorest grow more than the richest

The durable goods component for low incomes climbed 8.04% in the month. The recovery has a progressive component that the narrative of "adjustment on the poor" cannot explain.

It is not hope, it is present reality

In June, Present Conditions grew 8.77%, more than Future Expectations (+4.85%). When what the consumer is already experiencing today improves more than what they expect for tomorrow, the economy is in real expansion. Argentines are not betting on the future: they are already feeling the results.