Mexico Consumer Sentiment Remains Weak

Mexico’s consumer confidence Index rose to 44.4 in February 2026 from the upwardly revised 44.1 in the prior month, but still entrenched in pessimistic territory. Household-related measures showed little improvement: the current ability to purchase durable goods stayed low at 30.5, the overall household situation was largely unchanged at 50.7 (vs 50.4), and future household prospects edged slightly to 56.2 (vs 56.6). The current assessment of the country's economy (39.9 vs 39) and expectations for the economy (45 vs 44.1) also remained subdued.

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.