The seasonally adjusted manufacturing confidence index in Mexico inched down to 51.4 in August of 2021 from a downwardly revised 51.5 in the prior month, amid a moderation in business environment conditions. It was the lowest reading in three months, as manufacturers were less optimistic regarding current investments (37.1 from 38.4 in July) and their businesses’ future financial situation (60.2 from 61.0). There was a slight deterioration in the current assessment of the country's situation (49.4 from 49.7). Lastly, goods producers were slightly less confident about their companies’ present situation (53.9 from 54.1) and the country's future economic situation (55.6 from 55.8). source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico averaged 51.11 points from 2004 until 2021, reaching an all time high of 58.70 points in February of 2007 and a record low of 34 points in February of 2009. This page provides the latest reported value for - Mexico Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Business Confidence in Mexico is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 points in 2022 and 52.00 points in 2023, according to our econometric models.

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Mexico Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
51.40 51.80 58.70 34.00 2004 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-01 11:00 AM May 50.3 48.7 49
2021-07-01 11:00 AM Jun 52.3 50.5 50
2021-08-02 11:00 AM Jul 51.8 52 52
2021-09-01 11:00 AM Aug 51.4 51.5 51
2021-10-01 11:00 AM Sep 51.4
2021-11-01 12:00 PM Oct
2021-12-01 12:00 PM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Mexico Business Morale Moderates Further in August
The seasonally adjusted manufacturing confidence index in Mexico inched down to 51.4 in August of 2021 from a downwardly revised 51.5 in the prior month, amid a moderation in business environment conditions. It was the lowest reading in three months, as manufacturers were less optimistic regarding current investments (37.1 from 38.4 in July) and their businesses’ future financial situation (60.2 from 61.0). There was a slight deterioration in the current assessment of the country's situation (49.4 from 49.7). Lastly, goods producers were slightly less confident about their companies’ present situation (53.9 from 54.1) and the country's future economic situation (55.6 from 55.8).
2021-09-01
Mexico Business Morale Drops in July
The seasonally adjusted manufacturing confidence index in Mexico edged down to 51.8 in July of 2021 from a downwardly revised 52 in June, which was the strongest reading since May of 2019. There was a slight deterioration in the current assessment of the country's situation (50.2 vs 50.4 in June). This was despite a better opinion about the company's present situation (54.4 vs 54.1) and investment (38.9 vs 38.5). Meanwhile, expectations regarding the company's future situation (61.1 vs 60.5) and the country's future economic situation (56.5 vs 55.8) continued to improve.
2021-08-02
Mexico Business Morale at Over 2-Year High
The seasonally adjusted manufacturing confidence index in Mexico rose to 52.3 in June of 2021 from an upwardly revised 50.4 in the previous month. It was the highest reading since May of 2019, amid an improvement in expectations regarding the company's future situation (60.8 vs 60.1 in May) and the country's future economic situation (56.1 vs 54.8). In addition, manufacturers' current opinion was more favourable about the company's situation (54.3 vs 52.9), the country's situation (50.4 vs 47.2) and investment (38.7 vs 35.4).
2021-07-01
Mexico Business Morale at 20-Month High
The seasonally adjusted manufacturing confidence index in Mexico rose to 50.3 in May of 2021 from 48.7 in the previous month. It was the most optimistic sentiment among manufacturers since September of 2019 and was mostly driven by improvements in the current sentiment towards making investments (35.0 from 32.3 in April) and in the country’s present economic situation (46.8 from 44.2). Additionally, respondents were more confident about the company’s situation (53.0 from 51.8), and the outlook for both the country’s economy (54.9 from 54.0) and company’s economic situation (60.4 from 60.0).
2021-06-01

Mexico Business Confidence
In Mexico, the Monthly Survey of Business Opinion (EMOE) measures the expectations of business executives regarding production, capacity utilization, employment and inventories, in the short, medium and long run. The survey also trials the expectations concerning the general economic environment and how it may affect business activity. The EMOE has a national coverage and it is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.