The seasonally adjusted manufacturing confidence index in Mexico rose to 45.2 in March of 2021 from an upwardly revised 44.2 in the previous month, reaching the highest since February of last year. Expectations over the country's future economic situation (54 vs 53.8 in February) strengthened while prospects over the company’s future situation weakened marginally (58.6 vs 59). In addition, the current assessment improved regarding the country's situation (39.3 vs 36.6), the company’s situation (47.1 vs 45.1) and investment (27.7 vs 26.9). source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico averaged 51.12 points from 2004 until 2021, 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 April of 2021.

Business Confidence in Mexico is expected to be 45.00 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 50.40 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 points in 2022 and 52.00 points in 2023, according to our econometric models.

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Mexico Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
45.20 44.20 58.70 34.00 2004 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-05 12:00 PM Dec 43 42.3 41
2021-02-04 12:00 PM Jan 43.1 43.1 42
2021-03-01 12:00 PM Feb 43.9 43.2 44
2021-04-05 11:00 AM Mar 45.2 44.2 44.3
2021-05-03 11:00 AM Apr 45.2
2021-06-01 11:00 AM May
2021-07-01 11:00 AM Jun
2021-08-02 11:00 AM Jul


News Stream
Mexico Business Sentiment at Over 1-Year High
The seasonally adjusted manufacturing confidence index in Mexico rose to 45.2 in March of 2021 from an upwardly revised 44.2 in the previous month, reaching the highest since February of last year. Expectations over the country's future economic situation (54 vs 53.8 in February) strengthened while prospects over the company’s future situation weakened marginally (58.6 vs 59). In addition, the current assessment improved regarding the country's situation (39.3 vs 36.6), the company’s situation (47.1 vs 45.1) and investment (27.7 vs 26.9).
2021-04-05
Mexico Manufacturing Morale Improves to 11-Month High
The seasonally adjusted manufacturing confidence index in Mexico rose to 43.9 in February of 2021 from an upwardly revised 43.2 in the previous month, reaching the highest since March 2020. Expectations over the country's economy (53.8 vs 52.8 in January) and the company's future situation (59 vs 58.7) continued to strengthen; and the current assessment improved regarding the country's situation (35.8 vs 34.9) and the company’s situation (45.7 vs 44.3). In addition, the current opinion about investment was more favorable (26.6 vs 26).
2021-03-01
Mexico Business Sentiment Steady at 9-Month High
The seasonally adjusted manufacturing confidence index in Mexico was 43.1 in January of 2021, unchanged from December's nine-month high, as expectations over the country's economy (52.9 vs 51.5 in December) and the company's future situation (58.7 vs 58.2) continued to strengthen. Also, the current assessment improved regarding the country's situation (34.8 vs 33.9) and the company’s situation (45.3 vs 44.4). Still, the current opinion about investment was less favourable (25.9 vs 27.2).
2021-02-04
Mexico Business Sentiment Rises to 9-Month High
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).
2021-01-05

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.