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.