The seasonally adjusted manufacturing confidence index in Mexico rose to 49.7 in August 2019 from a downwardly revised 49.4 in the previous month. Sentiment improved regarding the country's situation (45.9 from 45.7 in July) and the country's future economic situation (51.2 from 50.6). Meanwhile, manufacturer’s assessment deteriorated regarding the company’s situation (52.2 from 53); investment (41.3 from 42) and the company’s future situation (57.3 from 57.7). Business Confidence in Mexico averaged 51.88 Index Points from 2004 until 2019, reaching an all time high of 58.60 Index Points in February of 2007 and a record low of 34 Index Points in February of 2009.

Business Confidence in Mexico is expected to be 48.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Mexico to stand at 50.50 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.70 Index Points in 2020, according to our econometric models.

Mexico Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-03 01:00 PM Business Confidence May 52.4 52.4
2019-07-01 01:00 PM Business Confidence Jun 51.2 52.4 51.9
2019-08-01 11:00 AM Business Confidence Jul 49.5 50.7 50.9
2019-09-02 11:00 AM Business Confidence Aug 49.7 49.4 49
2019-10-01 11:00 AM Business Confidence Sep 49.7 49.2
2019-11-01 12:00 PM Business Confidence Oct 49.1
2019-12-02 12:00 PM Business Confidence Nov 49.4


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.70 49.40 58.60 34.00 Index Points [+]
Manufacturing PMI 49.00 49.80 57.10 49.00 [+]
Industrial Production -1.70 -2.90 23.82 -17.50 percent [+]
Industrial Production Mom -0.40 1.00 8.50 -8.00 percent [+]
Manufacturing Production 3.02 -0.83 18.26 -17.74 percent [+]
Capacity Utilization 82.60 81.10 82.60 74.10 percent [+]
Changes in Inventories 125471.00 185467.00 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 62669.00 63912.00 127604.00 6318.00 [+]
Car Production 337.46 292.64 381.99 35.61 Thousand Units [+]
Car Registrations 62669.00 63912.00 127604.00 6318.00 [+]
Leading Economic Index -0.90 -0.40 12.60 -11.00 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Mining Production -7.46 -5.55 45.30 -25.22 percent [+]
Private Investment -8.80 -7.40 33.10 -41.90 percent [+]
Steel Production 1440.00 1580.00 1850.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Crude Oil Rigs 33.00 37.00 107.00 8.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Gold Production 6746.00 7127.00 11688.00 384.00 Kg [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.70 49.40 58.60 34.00 2004 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 1.00 Aug/19
Brazil 59.40 Sep/19
Canada 60.60 Aug/19
China 49.50 Aug/19
Euro Area 0.11 Aug/19
France 102.00 Aug/19
Germany 94.30 Aug/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 99.70 Aug/19
Japan 7.00 Jun/19
Mexico 49.70 Aug/19
Netherlands 3.90 Aug/19
Russia -2.00 Aug/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 68.00 Aug/19
Spain 1.40 Aug/19
Switzerland 97.00 Aug/19
Turkey 102.50 Aug/19
United Kingdom -32.00 Sep/19
United States 49.10 Aug/19


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