Mexico Business Confidence

The seasonally adjusted manufacturing confidence index in Mexico was unchanged at 52.4 in May 2019. Improvements in the current assessment for investment (48.3 vs 48) and the company's situation (53.8 vs 53.7) were offset by a deterioration in sentiment regarding the country's economic situation (47.9 vs 48.6) and future outlook (52.9 vs 53.2), as well as the company's expected situation (58.8 vs 59.1). Business Confidence in Mexico averaged 51.92 Index Points from 2004 until 2019, reaching an all time high of 58.60 Index Points in February of 2007 and a record low of 34 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.

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Calendar	GMT		Actual	Previous	TEForecast
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	53.0	52.8	51.6
2019-06-03	01:00 PM	Business Confidence	52.4	52.4
2019-07-01	01:00 PM	Business Confidence		52.4	51.9
2019-08-01	01:00 PM	Business Confidence			51.3
2019-09-02	01:00 PM	Business Confidence			50.9

Mexico Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	52.40	52.40	58.60	34.00	Index Points	[+]
Manufacturing PMI	50.00	50.10	57.10	49.20		[+]
Industrial Production	-2.86	-0.06	23.82	-17.50	percent	[+]
Industrial Production Mom	1.50	-1.20	8.40	-8.00	percent	[+]
Manufacturing Production	-0.36	2.78	18.26	-17.74	percent	[+]
Capacity Utilization	80.70	81.60	82.50	74.10	percent	[+]
Changes in Inventories	185467.00	179436.00	280468.77	49272.84	MXN Million	[+]
Total Vehicle Sales	56387.00	67680.00	127604.00	6318.00		[+]
Car Production	349.63	299.71	381.99	35.61	Thousand Units	[+]
Car Registrations	56387.00	67680.00	127604.00	6318.00		[+]
Leading Economic Index	-1.40	1.30	12.60	-11.00	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	-2.40	-1.90	33.10	-41.90	percent	[+]
Mining Production	-9.00	-6.00	45.30	-25.22	percent	[+]
Steel Production	1600.00	1780.00	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		[+]
Crude Oil Rigs	30.00	24.00	107.00	8.00		[+]
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		[+]

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 June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	52.40	52.40	58.60	34.00	2004 - 2019	Index Points	Monthly	SA

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Country	Last		Previous	Range
Australia	7.00	May/19	0	21 : -30	Index Points
Brazil	56.90	Jun/19	56.5	68.5 : 35	Index Points
Canada	55.90	May/19	55.9	75 : 36.1	Index Points
China	49.40	May/19	50.1	59.2 : 38.8	Index Points
Euro Area	0.30	May/19	0.42	1.62 : -3.3	Index Points
France	104.00	May/19	101	124 : 66	Index Points
Germany	97.40	Jun/19	97.9	110 : 79.9	Index Points
India	113.50	Jun/19	116	128 : 96.4	Index Points
Indonesia	102.10	Mar/19	105	122 : 95.12	Index Points
Italy	102.00	May/19	101	122 : 71.6	Index Points
Japan	12.00	Mar/19	19	53 : -58	Index Points
Mexico	52.40	May/19	52.4	58.6 : 34	Index Points
Netherlands	4.70	May/19	6.7	10.9 : -23.5	Index Points
Russia	-1.00	May/19	-2	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	1.00	Mar/19	-14	54 : -57	Index Points
South Africa	28.00	Jun/19	28	92 : 12	Index Points
South Korea	76.00	May/19	75	119 : 35	Index Points
Spain	-3.30	May/19	-3.7	8.5 : -39	Index Points
Switzerland	94.40	May/19	96.2	119 : 71.8	Index Points
Turkey	102.50	Jun/19	98.9	123 : 52.6	Index Points
United Kingdom	-13.00	Jun/19	-23	55 : -75	Index Points
United States	52.10	May/19	52.8	77.5 : 29.4	Index Points