The seasonally adjusted manufacturing confidence index in Mexico decreased to 48.8 in January of 2020 from a downwardly revised 49.3 in the previous month. It was the lowest reading since May 2017, amid a deterioration in the current assessment over investment (40.6 vs 41.5 in December); the country's economic situation (45.3 vs 45.4) and the company's situation (50.9 vs 51.1). In addition, expectations weakened regarding the country's economic situation (50.1 vs 50.2) and the company's situation (55.7 vs 56.4).

Business Confidence in Mexico averaged 51.82 points from 2004 until 2020, reaching an all time high of 58.60 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. source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico is expected to be 50.20 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 51.00 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.70 points in 2021, according to our econometric models.


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Mexico Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
48.80 49.30 58.60 34.00 2004 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-01 12:00 PM Business Confidence Oct 50 50.2 49.9
2019-12-02 12:00 PM Business Confidence Nov 49.9 50 49.4
2020-01-03 12:25 PM Business Confidence Dec 49.5 49.9 49.7
2020-02-04 12:00 PM Business Confidence Jan 48.8 49.3 49.9
2020-03-02 12:00 PM Business Confidence Feb 48.8 50.1
2020-04-01 12:00 PM Business Confidence Mar 50.2
2020-05-04 11:00 AM Business Confidence Apr
2020-06-01 11:00 AM Business Confidence May


News Stream
Mexico Business Sentiment Lowest since 2017
The seasonally adjusted manufacturing confidence index in Mexico decreased to 48.8 in January of 2020 from a downwardly revised 49.3 in the previous month. It was the lowest reading since May 2017, amid a deterioration in the current assessment over investment (40.6 vs 41.5 in December); the country's economic situation (45.3 vs 45.4) and the company's situation (50.9 vs 51.1). In addition, expectations weakened regarding the country's economic situation (50.1 vs 50.2) and the company's situation (55.7 vs 56.4).
2020-02-04
Mexico Business Morale Falls to 5-Month Low
The seasonally adjusted manufacturing confidence index in Mexico fell to 49.5 in December 2019 from 49.9 in the previous month, the lowest since July. Sentiment weakened regarding the country's current situation (45.7 from 45.9 in November) and the company’s current situation (51 from 52.4). In addition, expectations deteriorated regarding the country's economic situation (50.5 from 50.5) and the company’s situation (56.2 from 57.2).
2020-01-03
Mexico Business Morale Falls to 3-Month Low
The seasonally adjusted manufacturing confidence index in Mexico fell to 49.9 in November 2019 from 50 in the previous month. Sentiment weakened regarding the country's situation (46 from 46.1 in October); the company’s situation (52.4 from 52.7); and investment (41.3 from 41.4). Also, expectations deteriorated regarding the country's future economic situation (50.6 from 51.5); and the company’s future situation (57.2 from 57.8).
2019-12-02
Mexico Business Morale Deteriorates in October
The seasonally adjusted manufacturing confidence index in Mexico decreased to 50 in October 2019 from a downwardly revised 50.2 in the previous month. Sentiment deteriorated regarding the country's situation (46.2 from 46.3 in September); the company’s situation (52.7 from 53.3); investment (41.5 from 41.6); the country's future economic situation (51.5 from 52.0); and the company’s future situation (57.7 from 58.3).
2019-11-01

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.