It should be noted that said index that they shared from the research center of the Torcuato Di Tella University Business School part of a series of surveys that were made between February 3 and 13, 2023.
Consumer Confidence Index: what were the negative variables in February
All the ICC sub-indices showed negative monthly variations, Personal Situation fell 4.08%, Macroeconomic Situation fell 7.19% and Durable Goods and Real Estate fell 7.14%always with respect to the past month.
Negative variations are observed for the index in the three regions. The ICC fell 7.73% in the Federal Capital, 2.78% in the Interior, and 7.44% in Greater Buenos Aires, always with respect to January.
The Present Conditions component at the national level fell by 5.44% while the expectations component reported a fall of 6.49% compared to the previous month.
In the division by sectors, in the month of February consumer confidence fell 7.44% in GBA, 2.78% in the interior and 7.73% in CABAalways compared to last month.
Negative year-on-year change
In the aggregate, the interannual variation was negative in all regions, which explains why a negative interannual variation of 8.23% was observed at the country level.
The subindices showed negative variations with respect to the previous month.
Source: Ambito
