Slight rise this month in the consumer confidence index



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The Consumer Confidence Index (ICC) rose 0.8% in July compared with June, according to the Di Tella University measure. Thus, he showed a slight recovery after several months of fall; in June, it fell by 0.3% compared to May and, during that month, it dropped by 10%.

In annual comparison, this month's index shows a decrease of 14.6% compared to July 2017.

Among the components of the ICC, the personal situation sub-index increased by 0 , 7% and that of durable goods and real estate decreased by 8.7%. On the other hand, the sub-index of the macroeconomic situation increased by 5.2%, still in comparison with the previous month, in June.

 In the territorial distribution, consumer confidence fell by 4.3% in the interior of the country and by 4.3% increased by 4.7% in Greater Buenos Aires. At the same time, it increased by 0.2% in federal capital, according to the report of the entity headed by Juan Jose Cruz.

 In the income level distribution, consumer confidence fell by 2% for the respondent sector with higher income and increases by 2.5% for low income respondents.

MAJOR TOURISM

Moreover, the occupation of hotels in Argentina increased by 6.3% from one year to the next in May last, with 2.9 million overnight stays, according to data published by the National Institute of Statistics and Censuses (INDEC).

In May, the total number of travelers remained at 1.4 million, an increase of 2.9% over the same month of the previous year.

Resident travelers totaled 1.1 million, or 80.7% of the total and 1.9% more than in May 2017, while non-resident travelers, about 265,000, were 7.6 % more than in the same period of the previous year.

By region, those that were marked n Córdoba, with 35.7%, Cuyo, with 25.1%, and the province of Buenos Aires, with 20.5%, recorded a larger increase in overnight stays [19659002] The areas that received the largest number of travelers were the city of Buenos Aires and the coastline.

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