Consumer confidence in Mexico fell to a 16-month low of 41.3 in July of 2022 from a downwardly revised 43 in the previous month. Sentiment deteriorated for households’ current financial situation (53.8 vs 55.9 in June), and the assessment for current state of the Mexican economy (44.6 vs 46.6). At the same time, confidence for the next 12 months fell regarding households’ financial situation (47.5 vs 48.2) and the country’s economy (37.4 vs 38.1). Meanwhile, the propensity to take up major purchases also fell (24.4 vs 25.5). source: Instituto Nacional de Estadística y Geografía (INEGI)
Consumer Confidence in Mexico averaged 39.63 points from 2001 until 2022, reaching an all time high of 48.40 points in February of 2019 and a record low of 28.60 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 August of 2022.
Consumer Confidence in Mexico is expected to be 43.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Consumer Confidence is projected to trend around 44.00 points in 2023, according to our econometric models.