The seasonally adjusted manufacturing confidence index in Mexico decreased to 49.2 in December 2018 from 49.9 in the previous month. Sentiment declined for the fourth consecutive month and the most since June, amid a deterioration in expectations for the country's economic situation (49.8 from 51.1 in November) and the company's situation (57.2 from 58.2). Concomitantly, the current assessment was less favorable regarding the country's economic situation (46.0 from 46.5) and the company's situation (52.4 from 53.4). In contrast, manufacturers' current opinion about investment improved slightly (39.4 from 39.3). Business Confidence in Mexico averaged 51.18 Index Points from 2004 until 2018, reaching an all time high of 58.10 Index Points in February of 2007 and a record low of 33.70 Index Points in February of 2009.

Business Confidence in Mexico is expected to be 50.30 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 50.40 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 Index Points in 2020, according to our econometric models.

Mexico Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-01 01:00 PM Business Confidence 50.9 51.2 51.6
2018-11-01 02:00 PM Business Confidence 50.7 50.8 51.8
2018-12-03 02:00 PM Business Confidence 49.9 50.6 50.2
2019-01-03 02:00 PM Business Confidence 49.2 49.9 49.7
2019-02-01 02:00 PM Business Confidence 49.2 48.7
2019-03-01 02:00 PM Business Confidence 48.5
2019-04-01 01:00 PM Business Confidence 50.2


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.20 49.90 58.10 33.70 Index Points [+]
Manufacturing PMI 49.70 49.70 57.10 49.20 [+]
Industrial Production -1.30 1.00 23.82 -17.50 percent [+]
Industrial Production Mom -0.60 -1.70 8.40 -7.90 percent [+]
Manufacturing Production 1.40 2.60 18.26 -17.74 percent [+]
Capacity Utilization 81.00 82.30 82.50 74.10 percent [+]
Changes in Inventories 166654.31 133006.81 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 81542.00 70427.00 127604.00 6318.00 [+]
Car Production 237.68 344.93 381.99 35.61 Thousand Units [+]
Car Registrations 81542.00 70427.00 127604.00 6318.00 [+]
Leading Economic Index 2.90 2.10 12.60 -9.80 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Private Investment 3.40 -0.70 33.10 -41.90 percent [+]
Mining Production -8.00 -5.60 45.30 -25.22 percent [+]
Steel Production 1500.00 1690.00 1830.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Corruption Index 29.00 30.00 37.00 26.60 Points [+]
Corruption Rank 135.00 123.00 135.00 32.00 [+]


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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.20 49.90 58.10 33.70 2004 - 2018 Index Points Monthly
SA




Country Last Previous
Australia 3.00 Nov/18
Brazil 64.70 Jan/19
Canada 59.70 Dec/18
China 49.40 Dec/18
Euro Area 0.82 Dec/18
France 103.00 Jan/19
Germany 101.00 Dec/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 103.60 Dec/18
Japan 19.00 Dec/18
Mexico 49.20 Dec/18
Netherlands 7.50 Dec/18
Russia -8.00 Dec/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 71.00 Dec/18
Spain -2.70 Dec/18
Switzerland 96.30 Dec/18
Turkey 91.50 Dec/18
United Kingdom -23.00 Mar/19
United States 54.10 Dec/18


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