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.