The seasonally adjusted manufacturing confidence index in Mexico increased to 43 in December of 2020 from a downwardly revised 42.3 in the previous month. It was the highest reading since March, amid the easing of coronavirus restrictions. Expectations over the country's future economic situation (52.1 vs 50.1 in November) and the company’s future situation (58.5 vs 57.7) strengthened. In addition, current sentiment improved regarding the country's situation (33.5 vs 33.4) and the company’s situation (44 vs 43.1); while remained barely unchanged for investment (26.9 vs 27). source: Instituto Nacional de Estadística y Geografía (INEGI)
Business Confidence in Mexico averaged 51.21 points from 2004 until 2020, 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 January of 2021.
Business Confidence in Mexico is expected to be 43.00 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 49.00 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 points in 2022, according to our econometric models.