The seasonally adjusted manufacturing confidence index in Mexico rose to 51.5 in March 2019 from an upwardly revised 51.4 in the previous month. It was the strongest reading since November 2014, as sentiment improved regarding the country's economic situation (49.7 from 49.4 in February); and the country's future economic situation (54.9 from 53.1). On the other hand, manufacturer’s assessment deteriorated regarding the company's situation (53.7 from 53.8); investment (39.4 from 39.9); and the company's future situation (59.5 from 59.7). Business Confidence in Mexico averaged 51.18 Index Points from 2004 until 2019, reaching an all time high of 58.10 Index Points in February of 2007 and a record low of 33.70 Index Points in February of 2009.

Business Confidence in Mexico is expected to be 50.90 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Mexico to stand at 50.20 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 Index Points in 2020, according to our econometric models.

Mexico Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-03 02:00 PM Business Confidence 49.2 49.9 49.7
2019-02-01 02:00 PM Business Confidence 50.8 49.2 48.7
2019-03-01 02:00 PM Business Confidence 51.3 51.1 48.5
2019-04-01 02:00 PM Business Confidence 51.5 51.4 51.5
2019-05-02 01:00 PM Business Confidence 51.5 51.6
2019-06-03 01:00 PM Business Confidence
2019-07-01 01:00 PM Business Confidence 50.9


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 51.50 51.40 58.10 33.70 Index Points [+]
Manufacturing PMI 49.80 52.60 57.10 49.20 [+]
Industrial Production -0.80 -1.00 23.82 -17.50 percent [+]
Industrial Production Mom 0.30 0.70 8.50 -7.80 percent [+]
Manufacturing Production 1.14 1.29 18.26 -17.74 percent [+]
Capacity Utilization 81.20 78.80 82.50 74.10 percent [+]
Changes in Inventories 175359.00 166654.31 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 61448.00 68254.00 127604.00 6318.00 [+]
Car Production 346.87 311.83 381.99 35.61 Thousand Units [+]
Car Registrations 61448.00 68254.00 127604.00 6318.00 [+]
Leading Economic Index 1.30 0.00 12.60 -9.80 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Private Investment 1.60 -6.80 33.10 -41.90 percent [+]
Mining Production -6.43 -10.14 45.30 -25.22 percent [+]
Steel Production 1435.00 1660.00 1850.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.50 51.40 58.10 33.70 2004 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 0.00 Mar/19
Brazil 58.40 Apr/19
Canada 54.30 Mar/19
China 50.50 Mar/19
Euro Area 0.53 Mar/19
France 102.00 Mar/19
Germany 99.60 Mar/19
India 113.50 Jun/19
Indonesia 104.71 Dec/18
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 51.50 Mar/19
Netherlands 6.10 Mar/19
Russia -2.00 Mar/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 73.00 Mar/19
Spain -2.30 Mar/19
Switzerland 97.40 Mar/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 55.30 Mar/19


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