Argentina Leading Economic Index YoYArgentina Leading Economic Index YoYArgentina Leading Economic Index YoY

Argentina Leading Economic Index YoY

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Key data points


Last release
Observation period
Dec 2024
Next release
Forecast
Highest
14.39% on May 31, 2020
Lowest
−9.98% on Mar 31, 2020

About Argentina Leading Economic Index YoY


Category
Business
Frequency
Monthly
Units
%
In Argentina, the Leading Index (ILCIF) anticipates turning points in economic activity throughout the cycle. The index is composed by ten selected series according to their compliance, temporal consistency, economic rationality, representativeness and availability. These series are the following: stock market index of Buenos Aires, Merval Argentina, approved building plans, cement dispatches, bankruptcies, authorized contracts of property transactions, consumer confidence index, M2 Money Supply, metallurgical industry, use of intermediate goods. The index has a base value of 100 as of January of 1993.