Mexico Business Confidence

The seasonally adjusted manufacturing confidence index in Mexico fell to 49.5 in July 2019 from a downwardly revised 50.7 in the prior month. It was the worst reading since June 2018, amid a deterioration in the current assessment for investment (42.5 from 44.3 in June); the country's situation (45.9 from 46.9) and the company´s situation (52.9 from 53.0). Also, expectations for the country's situation (50.8 from 52.1) weakened, while those regarding the company´s situation were unchanged (at 57.8). Business Confidence in Mexico averaged 51.90 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 50.50 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 50.50 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
2019-05-02	01:00 PM	Business Confidence Apr	53.0	52.8	51.6
2019-06-03	01:00 PM	Business Confidence May	52.4	52.4
2019-07-01	01:00 PM	Business Confidence Jun	51.2	52.4	51.9
2019-08-01	11:00 AM	Business Confidence Jul	49.5	50.7	50.9
2019-09-02	11:00 AM	Business Confidence Aug		49.5	50.7
2019-10-01	11:00 AM	Business Confidence Sep			50.5
2019-11-01	12:00 PM	Business Confidence Oct

Mexico Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	49.50	50.70	58.60	34.00	Index Points	[+]
Manufacturing PMI	49.80	49.20	57.10	49.20		[+]
Industrial Production	-2.91	-3.29	23.82	-17.50	percent	[+]
Industrial Production Mom	1.10	-2.50	8.50	-8.00	percent	[+]
Manufacturing Production	-0.83	0.68	18.26	-17.74	percent	[+]
Capacity Utilization	81.50	80.70	82.50	74.10	percent	[+]
Changes in Inventories	185467.00	179436.00	280468.77	49272.84	MXN Million	[+]
Total Vehicle Sales	63912.00	59524.00	127604.00	6318.00		[+]
Car Production	292.64	337.25	381.99	35.61	Thousand Units	[+]
Car Registrations	63912.00	59524.00	127604.00	6318.00		[+]
Leading Economic Index	-0.40	-1.50	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	[+]
Mining Production	-5.60	-8.94	45.30	-25.22	percent	[+]
Private Investment	-7.40	-5.80	33.10	-41.90	percent	[+]
Steel Production	1580.00	1670.00	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	37.00	32.00	107.00	8.00		[+]
Corruption Index	28.00	29.00	37.00	26.60	Points	[+]
Corruption Rank	138.00	135.00	138.00	32.00		[+]
Ease of Doing Business	54.00	49.00	55.00	42.00		[+]
Gold Production	7127.00	6621.00	11688.00	384.00	Kg	[+]

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 August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.50	50.70	58.60	34.00	2004 - 2019	Index Points	Monthly	SA

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Country	Last		Previous	Range
Australia	4.00	Jul/19	2	21 : -30	Index Points
Brazil	57.40	Jul/19	56.9	68.5 : 35	Index Points
Canada	54.20	Jul/19	52.4	75 : 36.1	Index Points
China	49.70	Jul/19	49.4	59.2 : 38.8	Index Points
Euro Area	-0.12	Jul/19	0.17	1.62 : -3.3	Index Points
France	101.00	Jul/19	102	124 : 66	Index Points
Germany	95.70	Jul/19	97.5	110 : 79.9	Index Points
India	113.50	Jun/19	116	128 : 96.4	Index Points
Indonesia	108.81	Jun/19	102	122 : 95.12	Index Points
Italy	100.10	Jul/19	101	122 : 71.5	Index Points
Japan	7.00	Jun/19	12	53 : -58	Index Points
Mexico	49.50	Jul/19	50.7	58.6 : 34	Index Points
Netherlands	3.90	Jul/19	3.3	10.9 : -23.5	Index Points
Russia	-1.00	Jul/19	-1	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-11.00	Jun/19	1	54 : -57	Index Points
South Africa	28.00	Jun/19	28	92 : 12	Index Points
South Korea	73.00	Jul/19	75	119 : 35	Index Points
Spain	-2.80	Jul/19	-3.7	8.5 : -39	Index Points
Switzerland	97.10	Jul/19	93.8	119 : 71.8	Index Points
Turkey	98.30	Jul/19	102	123 : 52.6	Index Points
United Kingdom	-32.00	Sep/19	-13	55 : -75	Index Points
United States	51.20	Jul/19	51.7	77.5 : 29.4	Index Points