Consumer confidence in Mexico rose to 44.2 in January 2020 from 43.5 in the previous month, reaching its highest level in four months. Consumers' current opinion improved regarding the country's economic situation (40.9 vs 40.3 in December) and household's situation (49.3 vs 48.3). Additionally, expectations strengthened concerning the country's economic situation (48.7 vs 48.1) and household's situation (56.1 vs 55.2). Also, intentions to make purchases of durable goods increased (25.7 vs 25.2).
Consumer Confidence in Mexico averaged 39.50 points from 2001 until 2020, reaching an all time high of 48.50 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. source: Instituto Nacional de Estadística y Geografía (INEGI)
Consumer Confidence in Mexico is expected to be 43.10 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 45.00 in 12 months time. In the long-term, the Mexico Consumer Confidence is projected to trend around 46.50 points in 2021, according to our econometric models.