Mexico's seasonally adjusted manufacturing confidence index rose marginally to 52.3 in May of 2022 from a downwardly revised 52.2 in the prior month. It was the highest reading in three months, amid an improvement in the current opinion about investment (43.6 vs 41.7 in April). Meanwhile, both the country's economic situation (49.7 vs 50) and the company's situation (54.3 vs 55) were assessed less positively. Looking forward, manufacturers were less optimistic regarding the country's economic situation (54.3 vs 55.2) and the company's situation (56.5 vs 59.2). source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico averaged 51.15 points from 2004 until 2022, reaching an all time high of 58.70 points in February of 2007 and a record low of 34 points in February of 2009. This page provides the latest reported value for - Mexico Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Business Confidence in Mexico is expected to be 52.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 points in 2023, according to our econometric models.

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Mexico Business Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-05-03 11:00 AM Apr 52.8 52.0 52
2022-06-01 11:00 AM May 52.3 52.2 53
2022-07-01 11:00 AM Jun 52.3 52


Related Last Previous Unit Reference
Business Confidence 52.30 52.20 points May 2022
Industrial Production Mom 0.60 0.40 percent Apr 2022
Industrial Production 2.70 2.70 percent Apr 2022
Manufacturing Production 3.87 3.59 percent Apr 2022
Capacity Utilization 81.50 85.40 percent Apr 2022
Changes in Inventories 54358.00 76098.00 MXN Million Mar 2022
Car Registrations 43359.00 40522.00 May 2022
Car Production 275.44 251.55 Thousand Units May 2022
Total Vehicle Sales 43359.00 40522.00 Units May 2022
Private Investment 5.90 2.00 percent Mar 2022

Mexico Business Confidence
In Mexico, the Monthly Survey of Business Opinion (EMOE) measures the expectations of business executives regarding production, capacity utilization, employment and inventories, in the short, medium and long run. The survey also trials the expectations concerning the general economic environment and how it may affect business activity. The EMOE has a national coverage and it is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
52.30 52.20 58.70 34.00 2004 - 2022 points Monthly
SA

News Stream
Mexico Business Morale Ticks Up in May
Mexico's seasonally adjusted manufacturing confidence index rose marginally to 52.3 in May of 2022 from a downwardly revised 52.2 in the prior month. It was the highest reading in three months, amid an improvement in the current opinion about investment (43.6 vs 41.7 in April). Meanwhile, both the country's economic situation (49.7 vs 50) and the company's situation (54.3 vs 55) were assessed less positively. Looking forward, manufacturers were less optimistic regarding the country's economic situation (54.3 vs 55.2) and the company's situation (56.5 vs 59.2).
2022-06-01
Mexico Business Morale Hits Highest Since 2019
Mexico's seasonally adjusted manufacturing confidence index rose to 52.8 in March of 2022 from a downwardly revised 52.0 in the prior month. It was the highest reading since May of 2019, with improvements seen in the current assessment of the company's situation (55.5 vs 55.1 in February), the current country's economic situation (50.7 vs 50.0) and investment (42.2 vs 40.7). At the same time, manufacturers were more optimistic regarding the country's future financial situation (56.0 vs 54.3) and the future company's situation (59.8 vs 59.2).
2022-05-03
Mexico Business Morale at 5-Month Low
The seasonally adjusted manufacturing confidence index in Mexico eased to 52.2 in March of 2022 from a downwardly revised 52.4 in the prior month, the lowest in five months. Respondents were broadly less keen to invest (40.8 vs 44.1 in February), and, to a much lesser extent, sentiment deteriorated regarding the country's future economic situation (54.7 vs 54.9) and the company’s future financial situation (59.5 vs 59.3). On the other hand, opinions about the company’s current financial situation were more optimistic (55.4 vs 54.4), as well as regarding the economic situation of the country in the present (50.3 vs 50.1).
2022-04-01