The seasonally adjusted manufacturing confidence index in Mexico rose to 40.5 in September 2020 from an upwardly revised 39.1 in the previous month. It was the highest reading in six months, amid the easing of coronavirus lockdown restrictions. Sentiment improved regarding the country's situation (32.2 vs 30 in August); the company’s situation (41.4 vs 38.9); and investment (24 vs 21.8). Additionally, expectations over the country's future economic situation (50.1 vs 48.1); and the company’s future situation (56.5 vs 55.6) strengthened.

Business Confidence in Mexico averaged 51.35 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 October of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico is expected to be 41.00 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 48.00 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 49.00 points in 2021 and 51.00 points in 2022, according to our econometric models.

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Mexico Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
40.50 39.10 58.70 34.00 2004 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-01 11:00 AM Jun 38.6 35.5 32
2020-08-03 11:00 AM Jul 38.7 38.3 37
2020-09-01 11:00 AM Aug 38.1 38.5 38.3
2020-10-01 11:00 AM Sep 40.5 39.1 38
2020-11-02 12:00 PM Oct 40.5 41
2020-12-02 12:00 PM Nov


News Stream
Mexico Business Sentiment Improves in September
The seasonally adjusted manufacturing confidence index in Mexico increased to 40.5 in September 2020 from an upwardly revised 39.1 in the previous month. It was the highest reading in six months, amid the easing of coronavirus lockdown restrictions. Sentiment improved regarding the country's situation (32.2 vs 30 in August); the company’s situation (41.4 vs 38.9); and investment (24 vs 21.8). Additionally, expectations over the country's future economic situation (50.1 vs 48.1); and the company’s future situation (56.5 vs 55.6) strengthened.
2020-10-01
Mexico Business Sentiment Deteriorates in August
The seasonally adjusted manufacturing confidence index in Mexico fell to 38.1 in August 2020 from a downwardly revised 38.5 in the previous month, amid the coronavirus pandemic. Sentiment deteriorated regarding the country's situation (29.5 vs 30.1 in July); the company’s situation (38.8 vs 39.8); and investment (21.0 vs 21.3). In addition, expectations over the country's future economic situation (48.0 vs 48.7); and the company’s future situation (55.6 vs 55.9) weakened.
2020-09-01
Mexico Business Sentiment Continues to Recover
The seasonally adjusted manufacturing confidence index in Mexico increased to 38.7 in July 2020 from a downwardly revised 38.3 un the previous month. It was the highest reading in four months amid the easing of coronavirus lockdown restrictions, but still remaining well below pre-pandemic levels. Sentiment improved regarding the country's situation (30.7 vs 29.9 in June); the company’s situation (39.9 vs 37.); and investment (21.5 vs 20.2). Also, expectations over the country's future economic situation (48.7 vs 47.9); and the company’s future situation (55.8 vs 55.5) strengthened.
2020-08-03
Mexico Business Sentiment Remains Weak
The seasonally adjusted manufacturing confidence index in Mexico rose to 38.6 in June 2020 from an upwardly revised 35.5 in the previous month. It was the highest reading in three months amid the easing of coronavirus lockdown restrictions, still remaining well below pre-pandemic levels. Sentiment improved regarding the country's situation (29.9 vs 28.2 in May); the company’s situation (37.6 vs 37); and investment (20.2 vs 17.6). Additionally, expectations over the country's future economic situation (47.9 vs 42.3); and the company’s future situation (56 vs 50.7) strengthened.
2020-07-01

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.