Man standing on a balcony raising his fist in celebration with a blue and white flag decorating the railing. — UTDT's Consumer Confidence Index rises 3.1% in May | La Derecha Diario

Camara — UTDT's Consumer Confidence Index rises 3.1% in May | La Derecha Diario

UTDT's Consumer Confidence Index rises 3.1% in May

The ICC rebound was mainly driven by an increase in future expectations (+4.9%)

23/05/2025 11:22:00h

Editorial Team

The Consumer Confidence Index (CCI) rose again in May 2025, reaching 45.49 points, which represents a monthly increase of 3.1% and an annual rise of 18.8%, according to the survey conducted by Universidad Torcuato Di Tella between May 2 and 12.

This improvement breaks the downward trend observed since the beginning of the year and finds its driving force in optimism about the future economic.

Rising Expectations

The CCI's rebound was mainly driven by an increase in future expectations (+4.9%), suggesting an improvement in the perception of medium-term economic evolution.

In contrast, the present conditions, although they also grew, did so much more slightly (+0.5%). This way, consumers are more hopeful about what is to come than satisfied with the current situation.

Line chart showing the Consumer Confidence Index by Regions from May 2016 to May 2025, with data from the Torcuato Di Tella University. The lines represent the regions of Capital, Interior, and GBA, with specific values for May 2025: Capital 42, Interior 52, and GBA 43.

UTDT's Consumer Confidence Index rises 3.1% in May | La Derecha Diario

The Interior, Protagonist of the Month

In geographical terms, the improvement was led by the interior of the country, with an increase of 4.26%, followed by Greater Buenos Aires (+3.28%).

The Autonomous City of Buenos Aires, on the other hand, barely showed a positive variation of 0.17%. In the year-on-year comparison, all regions recorded increases, with GBA (+23.87%) and the interior (+20.34%) standing out.

Gap According to Socioeconomic Levels

The analysis by income levels reveals a marked difference: low-income households showed a significant improvement (+4.42%), while high-income households recorded a decline of 0.65%.

This disparity was also reflected in the sub-indices: while lower-income sectors improved in all aspects —including personal and macroeconomic perception—, the more affluent sectors reflected declines in their personal situation and present conditions.

National Consumer Confidence Index (CCI) Chart from the Torcuato Di Tella University, showing fluctuations from May 2016 to May 2025, with a notable increase in May 2025 reaching a value of 45.

UTDT's Consumer Confidence Index rises 3.1% in May | La Derecha Diario

What's Happening with Durable Goods

The Durable Goods and Real Estate sub-index advanced 3.83% in the month and accumulates a surprising annual increase of 108.6%. Even so, its overall level remains the lowest of the three sub-indices that make up the CCI. This result suggests that, although the willingness to consume is growing, there is still caution regarding major purchasing decisions.

➡️ Argentina