The consumer trust index falls for the first time in five months

The consumer trust index falls for the first time in five months

He Consumer Trust Index (ICC) presented one Mild drop in Februarywhich marked his first decline in the last five months. In detail, the ICC dropped 0.3% compared to January, although in interannual terms a increase of 31.13%.

The report was prepared by the Finance Research Center of the Business School of the Torcuato Di Tella University. Its director, Sebastián Auguste, explained: “With respect to whether the improvement is due to the current or future situation, the index shows that what the most rose in interannual terms are CONDITIONS PRESENT, +79.46%, compared to future expectations, +12.47%.

The consumer trust index fell in February

The data were relieved by the Center dependent on Torcuato Di Tella between February 3 and 13. Thus, the index decreased 0.3% with respect to what was measured during January.

Despite this, in the study they emphasize that, In interannual terms, An increase of 31.13%is exhibited. In this way, February is the first month of the last five in which a fall is recorded.

On the margin, respondents have better sensations about the macroeconomic situation (+1.1%), But at the same time they believe that His personal situation worsened (-1.3%). Anyway, the latter subscript It is 28% above February 2024.

“By subscripts, the macroeconomic situation rises 1.07%, while durable and real estate drops 1.03%, followed by the personal situation that lowers 1.26%“Augusto deepened.

The trusted index among high -income respondents is 11.5% higher than low -income. For the latter, lTrust fell 11% between January and February

“The interannual increase is explained to a greater extent by higher -income households, with a variation of 30.96%, While the increase in lower income is 28.77%“Augusto detailed.

In addition, he added: “With respect to whether the improvement is due to the current or future situation, the index shows that what the most rose in interannual terms are the present conditions, +79.46%, compared to future expectations, +12.47%. “

Source: Ambito

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