actual 48.12, previous 52.05
The Thomson Reuters IPSOS PCSI (Mar) is a survey conducted by Thomson Reuters and IPSOS to measure the Consumer Sentiment Index in Argentina. In this event, the actual Consumer Sentiment Index for March was reported at 48.12. This figure represents a decrease of 3.93 points from the previous period.
The Consumer Sentiment Index is an important economic indicator as it reflects the overall confidence levels of consumers in the economy. A higher index number indicates positive consumer sentiment, while a lower number suggests negative sentiment.
In this case, the decrease in the Consumer Sentiment Index from the previous period may indicate a decline in consumer confidence in Argentina. This could have implications for consumer spending, investment, and overall economic activity in the country.
Overall, this event is considered to have a low impact on the market, but it provides valuable insights into the economic conditions and consumer behavior in Argentina.