Private spending in Mexico rose by 3.4% quarter-over quarter to 12.45 trillion pesos in the first quarter of 2022. The figure corresponds to a 7.2% increase when compared to the same period of the previous year. source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Spending in Mexico averaged 9628332.91 MXN Million from 1993 until 2022, reaching an all time high of 12808426.56 MXN Million in the fourth quarter of 2019 and a record low of 6094267.64 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 July of 2022.

Consumer Spending in Mexico is expected to be 12057663.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Consumer Spending is projected to trend around 13095471.00 MXN Million in 2023 and 13383571.00 MXN Million in 2024, according to our econometric models.

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Mexico Consumer Spending

Calendar GMT Actual Previous Consensus TEForecast
2022-06-21 11:00 AM Private Spending YoY Q1 7.2% 5.7% 3.5%
2022-06-21 11:00 AM Private Spending QoQ Q1 3.4% 1.4% -1.1%

Related Last Previous Unit Reference
Consumer Confidence 44.20 44.20 points May 2022
Retail Sales MoM 0.40 0.40 percent Apr 2022
Retail Sales YoY 4.60 3.80 percent Apr 2022
Consumer Spending 12452892.00 12562326.00 MXN Million Mar 2022

Mexico Consumer Spending
In Mexico, Consumer Spending refers to purchase of consumer goods and services by resident households. It is a component of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
12452892.00 12562326.00 12808426.56 6094267.64 1993 - 2022 MXN Million Quarterly
Constant Prices 2013, NSA