Consumer Spending in Mexico decreased to 9790598 MXN Million in the second quarter of 2020 from 12146187 MXN Million in the first quarter of 2020.

Consumer Spending in Mexico averaged 9482270.95 MXN Million from 1993 until 2020, reaching an all time high of 12810039 MXN Million in the fourth quarter of 2019 and a record low of 6094259 MXN Million in the first quarter of 1993. This page provides the latest reported value for - Mexico Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Consumer Spending - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Spending in Mexico is expected to be 12168109.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Mexico to stand at 10769658.00 in 12 months time. In the long-term, the Mexico Consumer Spending is projected to trend around 12528346.00 MXN Million in 2021 and 12803970.00 MXN Million in 2022, according to our econometric models.

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Mexico Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
9790598.00 12146187.00 12810039.00 6094259.00 1993 - 2020 MXN Million Quarterly
Constant Prices 2013, NSA

Calendar GMT Actual Previous Consensus TEForecast
2020-06-19 11:00 AM Private Spending YoY Q1 -0.5% 0.7% 1.2%
2020-06-19 11:00 AM Private Spending QoQ Q1 -1.4% 0.4% 0.1%
2020-09-21 11:00 AM Private Spending YoY Q2 -20.6% -0.5% -0.7%
2020-09-21 11:00 AM Private Spending QoQ Q2 -19.4% -1.4% -1.6%
2020-12-18 12:00 PM Private Spending YoY Q3 -20.6%
2020-12-18 12:00 PM Private Spending QoQ Q3 -19.4%

Mexico Consumer Spending
In Mexico, Consumer Spending refers to purchase of consumer goods and services by resident households. It is a component of GDP.