Consumer confidence in Mexico rose to 119.9 in February 2019 from an upwardly revised 113.2 in the previous month. It was the highest reading since series began, as expectations for the next twelve months regarding the country's economic situation (134 from 128.7 in January) and household situation (115 from 112.2) increased. Also, the current assessment improved for household situation (108.6 from 106); and the country's economic situation (121.1 from 108.5) while deteriorated for purchases of durable goods (118.9 from 109). The consumer confidence has stayed above 100, the level not seen since 2008, since the leftist López Obrador won Mexico's presidency in July 2018, pledging to attack inequality, corruption and fight rising crime through economic development. Consumer Confidence in Mexico averaged 94.97 Index Points from 2001 until 2019, reaching an all time high of 119.88 Index Points in February of 2019 and a record low of 69.26 Index Points in January of 2017.

Consumer Confidence in Mexico is expected to be 120.00 Index 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 100.30 in 12 months time. In the long-term, the Mexico Consumer Confidence is projected to trend around 102.20 Index Points in 2020, according to our econometric models.

Mexico Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-05 02:00 PM Consumer Confidence 99.6 101.1 101.8
2019-01-10 02:00 PM Consumer Confidence 105.6 99.3 100
2019-02-06 02:00 PM Consumer Confidence 112.0 106.6 103
2019-03-05 02:00 PM Consumer Confidence 119.9 113.2 109
2019-04-04 02:00 PM Consumer Confidence 119.9 120
2019-05-06 01:00 PM Consumer Confidence
2019-06-04 01:00 PM Consumer Confidence


Mexico Consumer Last Previous Highest Lowest Unit
Consumer Confidence 119.88 113.16 119.88 69.26 Index Points [+]
Retail Sales MoM -3.20 0.30 4.10 -4.50 percent [+]
Retail Sales YoY -1.30 3.40 11.20 -6.60 percent [+]
Consumer Spending 12817024.00 12501730.00 12817024.00 6094259.46 MXN Million [+]
Personal Savings 21.50 20.60 25.70 19.80 percent [+]
Consumer Credit 1405033.60 1383863.60 1405033.60 41405.00 MXN Million [+]
Private Sector Credit 4629837143.00 4638898240.00 4646648096.00 458609006.00 MXN Thousand [+]
Households Debt To GDP 16.10 16.10 16.30 7.70 percent of GDP [+]
Gasoline Prices 0.99 0.97 1.05 0.32 USD/Liter [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
119.88 113.16 119.88 69.26 2001 - 2019 Index Points Monthly
SA




Country Last Previous
Argentina 34.80 Mar/19
Australia 98.80 Mar/19
Brazil 114.30 Dec/18
Canada 55.08 Mar/19
China 123.00 Dec/18
Euro Area -7.20 Mar/19
France 95.00 Feb/19
Germany 10.40 Apr/19
India 97.00 Mar/19
Indonesia 125.10 Feb/19
Italy 112.40 Feb/19
Japan 41.50 Feb/19
Mexico 119.88 Feb/19
Netherlands -4.00 Mar/19
Russia -17.00 Dec/18
Saudi Arabia 109.00 Dec/18
South Africa 7.00 Dec/18
South Korea 99.50 Feb/19
Spain 96.10 Feb/19
Switzerland -4.00 Mar/19
Turkey 59.40 Mar/19
United Kingdom -13.00 Feb/19
United States 97.80 Mar/19


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