Mexico Business Confidence  Forecast


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Business Confidence in Mexico is expected to be 49.00 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 50.72 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 53.50 in 2020, according to our econometric models.


Mexico Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 49.44 49 50 50.1 50.72 53.5
Manufacturing PMI 49.2 51.4 51.4 52 53 51.8
Industrial Production -1.2 -2.4 1.1 -1.4 1.51 1.4
Industrial Production Mom -0.4 0.3 0.5 0.25 0.14 0.2
Manufacturing Production 2.8 1.8 2.3 2.4 2.5 2.6
Capacity Utilization 80.8 81.1 80.71 80.42 80.19 79.59
Changes in Inventories 38493 88484 91313 108526 103546 103946
Total Vehicle Sales 73201 90000 74422 72452 70616 90000
Car Production 365 360 350 350 360 360
Car Registrations 73201 80000 93000 86000 70616 85000
Leading Economic Index 2.3 2.1 2.24 2.4 2.49 2.1
Internet Speed 7538 7481 7413 7316 7265 6216
IP Addresses 13309655 13264249 13218208 13172396 13120893 12427298
Steel Production 1585 1626 1615 1604 1593 1507
Private Investment 0.3 1 2.21 2.87 3.17 3.22
Mining Production -15.1 -5.8 -1.9 0.2 -2.09 1
Competitiveness Index 4.44 4.41 4.39 4.39 4.46 4.43
Competitiveness Rank 51 51 50 50 53 50
Ease of Doing Business 49 48 48 48 54 34
Corruption Index 30 36 37 37 33 38
Corruption Rank 123 93 90 90 122 88