Mexico Business Confidence  Forecast


Mexico Business Confidence
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Business Confidence in Mexico is expected to be 50.00 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 52.00 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 49.6 50 50.1 50.5 52 53.5
Manufacturing PMI 51.7 51.4 52 53 52 51.8
Industrial Production -1.5 1.1 -1.4 0.91 1.4 1.4
Industrial Production Mom -0.1 0.5 0.25 0.13 0.2 0.2
Manufacturing Production 2.4 2.3 2.4 2.5 2.5 2.6
Capacity Utilization 81.9 80.76 80.44 80.21 80.04 79.59
Changes in Inventories 135144 156484 159903 159691 158615 157951
Total Vehicle Sales 91668 81380 78707 76574 82000 90000
Car Production 246 350 350 360 350 360
Car Registrations 91668 93000 86000 76574 82000 85000
Leading Economic Index 1.5 1.89 2.19 2.36 2 2.1
Internet Speed 7538 7413 7316 7265 7174 6216
IP Addresses 13309655 13218208 13172396 13120893 13055252 12427298
Steel Production 1600 1599 1588 1578 1567 1493
Private Investment -2.6 -0.84 0.94 2.17 2.85 3.12
Mining Production -8.5 -1.9 0.2 -3.39 0.8 1
Competitiveness Index 4.44 4.39 4.39 4.46 4.39 4.43
Competitiveness Rank 51 50 50 53 50 50
Ease of Doing Business 49 48 48 53 46 34
Corruption Index 30 37 37 33 37 38
Corruption Rank 123 90 90 118 90 88