Consumer confidence in Mexico rose to 37.6 in October 2020 from an upwardly revised 36.3 in the previous month. It was the highest reading in seven months, amid the ongoing easing of coronavirus lockdown restrictions. The current assessment for both the country’s economic situation (30.2 vs 29.1 in September) and household situation (41 vs 38.7) improved. Additionally, expectations regarding the country's economic situation (45.2 vs 44.3) and households’ situation (53.6 from 52) strengthened. Also, intentions to make purchases of durable goods increased (17.3 from 16.4). source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Confidence in Mexico averaged 39.37 points from 2001 until 2020, reaching an all time high of 48.30 points in February of 2019 and a record low of 28.80 points in January of 2017. This page provides the latest reported value for - Mexico Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Consumer Confidence in Mexico is expected to be 36.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Mexico to stand at 37.00 in 12 months time. In the long-term, the Mexico Consumer Confidence is projected to trend around 38.00 points in 2021 and 42.00 points in 2022, according to our econometric models.

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Mexico Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
37.60 36.30 48.30 28.80 2001 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-03 12:00 PM Mar 42.6 43.8 45.2 38
2020-09-04 11:00 AM Aug 34.6 34.1 45
2020-10-05 11:00 AM Sep 35.9 34.8 35
2020-11-05 12:00 PM Oct 37.6 36.3 36.1
2020-12-04 12:00 PM Nov 37.6 37.8
2021-01-11 12:00 PM Dec
2021-02-08 12:00 PM Jan
2021-03-05 12:00 PM Feb


News Stream
Mexico Consumer Sentiment Rises to 7-Month High
Consumer confidence in Mexico rose to 37.6 in October 2020 from an upwardly revised 36.3 in the previous month. It was the highest reading in seven months, amid the ongoing easing of coronavirus lockdown restrictions. The current assessment for both the country’s economic situation (30.2 vs 29.1 in September) and household situation (41 vs 38.7) improved. Additionally, expectations regarding the country's economic situation (45.2 vs 44.3) and households’ situation (53.6 from 52) strengthened. Also, intentions to make purchases of durable goods increased (17.3 from 16.4).
2020-11-05
Mexico Consumer Sentiment Rises to 6-Month High
Consumer confidence in Mexico increased to 35.9 in September 2020 from an upwardly revised 34.8 in the previous month. It was the highest reading since March, amid the ongoing easing of coronavirus lockdown restrictions. The current assessment for both the country’s economic situation (28.7 from 27.9 in August) and household situation (38.3 from 37.9) improved. Also, expectations regarding the country's economic situation (43.5 from 42.4) and households’ situation (52.1 from 49.8) strengthened; and intentions to make purchases of durable goods rose (16.2 from 15.8).
2020-10-05
Mexico Consumer Confidence at 5-Month High
Consumer confidence in Mexico rose slightly to 34.6 in August of 2020 from 34.1 in the previous month. It was the highest reading since March, as the economy gradually recovers amid some easing in lockdown restrictions. The increase was mainly due to improvements in the current household's situation (38.2 vs 36.5 in July) and their future expectations (50 vs 48). Also, intentions to make purchases of durable goods went up (15.7 vs 15.2). In contrast, the gauge for the country's current economic situation (27.8 vs 28.5) and expectations concerning the country's economic situation (42.2 vs 42.7) weakened.
2020-09-04
Mexico Consumer Confidence Lowest since 2018
Consumer confidence in Mexico dropped to 42.6 in February 2020 from a downwardly revised 43.8 in the previous month, and below market expectations of 45.2. It is the lowest reading since November of 2018 as all subindexes declined amid concerns regarding the coronavirus outbreak. Deteriorations were seen for current household situation (48.5 vs 48.6 in February); outlook for households’ economic situation (54.6 vs 55.7); the country's current economic situation (39.2 vs 40.5); and expectations concerning the country's economic situation (45.8 vs 47.9). Meantime, intentions to make purchases of durable goods edged down (25.5 vs 26).
2020-04-03

Mexico Consumer Confidence
In Mexico, the Consumer Confidence Index (ICC) measures the current perception and future expectations that people have about their economic situation, their family and the country in general, in respect to the purchase of consumption durables and non-durables, as well as employment, inflation and savings. The index is based on a sample of 2336 households located in the 32 major cities of the country. The ICC has a base of 100 as of January of 2003, levels above 100 indicate optimism, 100 neutrality and below 100 pessimism.