Mexico Consumer Confidence Falls to Near 3-Year Low

Mexico’s Consumer Confidence Index fell 0.6 points month-on-month to 44.0 in January 2026, the lowest reading since December 2022. The sub-index for the current economic situation of the country declined 0.5 points to 38.8, while expectations for the economy in 12 months also dropped 0.5 points to 43.9. Households’ current ability to purchase durable goods slipped 0.4 points to 30.5. Meanwhile, the assessment of the current household economic situation fell 0.9 points but remained above the optimism threshold at 50.3, while expectations for household finances in 12 months eased 0.7 points to 56.6. On an annual basis, consumer confidence was down 2.7 points.

Mexico’s consumer confidence index rose to 44.7 in December 2025 from 44.1 in November, snapping a three-month decline. All five components of the index posted monthly gains. The assessment of households’ current economic situation edged up 0.2 points to 51.3, while expectations for future household finances increased by 0.1 point to 57.4. Perceptions of the country’s current economic conditions improved more markedly, rising 1.5 points to 39.4, and expectations for the national economy advanced 0.8 points to 44.4. Willingness to purchase durable goods also strengthened slightly, with the corresponding index up 0.2 points to 31.0.

Mexico’s consumer confidence index fell for a third consecutive month to 44.2 in November 2025, the lowest level since December 2022, from a downwardly revised 45.8 in October. All main sub-indices declined: current household situation (51.2 vs 52.1 in October), current economic conditions (38.1 vs 40.3), future household expectations (57.4 vs 58.3), and future economic outlook (43.8 vs 46.2). The survey also indicated that Mexican consumers were slightly less willing to make major purchases, with the index falling to 30.9 from 31.7.