Consumer confidence in Mexico fell to a 16-month low of 41.3 in July of 2022 from a downwardly revised 43 in the previous month. Sentiment deteriorated for households’ current financial situation (53.8 vs 55.9 in June), and the assessment for current state of the Mexican economy (44.6 vs 46.6). At the same time, confidence for the next 12 months fell regarding households’ financial situation (47.5 vs 48.2) and the country’s economy (37.4 vs 38.1). Meanwhile, the propensity to take up major purchases also fell (24.4 vs 25.5). source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Confidence in Mexico averaged 39.63 points from 2001 until 2022, reaching an all time high of 48.40 points in February of 2019 and a record low of 28.60 points in January of 2017. This page provides the latest reported value for - Mexico Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Consumer 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. In the long-term, the Mexico Consumer Confidence is projected to trend around 44.00 points in 2023, according to our econometric models.

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Mexico Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-07-05 11:00 AM Jun 43.6 44.1 43
2022-08-04 11:00 AM Jul 41.3 43 43
2022-09-05 11:00 AM Aug 41.3


Related Last Previous Unit Reference
Consumer Confidence 41.30 43.00 points Jul 2022
Retail Sales MoM 0.50 0.40 percent May 2022
Retail Sales YoY 5.20 4.60 percent May 2022
Consumer Spending 12452892.00 12562326.00 MXN Million Mar 2022

Mexico Consumer Confidence
In Mexico, the Consumer Confidence Index (ICC) measures the current perception and future expectations that people have about their economic situation, their family and the country in general, in respect to the purchase of consumption durables and non-durables, as well as employment, inflation and savings. The index is based on a sample of 2336 households located in the 32 major cities of the country. The ICC has a base of 100 as of January of 2003, levels above 100 indicate optimism, 100 neutrality and below 100 pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
41.30 43.00 48.40 28.60 2001 - 2022 points Monthly
SA

News Stream
Mexico Consumer Confidence at 16-Month Low
Consumer confidence in Mexico fell to a 16-month low of 41.3 in July of 2022 from a downwardly revised 43 in the previous month. Sentiment deteriorated for households’ current financial situation (53.8 vs 55.9 in June), and the assessment for current state of the Mexican economy (44.6 vs 46.6). At the same time, confidence for the next 12 months fell regarding households’ financial situation (47.5 vs 48.2) and the country’s economy (37.4 vs 38.1). Meanwhile, the propensity to take up major purchases also fell (24.4 vs 25.5).
2022-08-04
Mexico Consumer Morale Hits 4-Month Low
Consumer confidence in Mexico fell to a four-month low of 43.6 in June of 2022, from a downwardly revised 44.1 in the previous month. There was a deterioration in the current assessment of the household's financial situation (48.3 vs 49 in May) and the country's economic situation (39 vs 39.5). At the same time, households were more concerned about their own financial situation in the coming months (56.5 vs 57.3) and the country's economic outlook (47.1 vs 49.1). Meanwhile, the propensity to do major purchases went up (25.7 vs 25.5).
2022-07-05
Mexico Consumer Morale Stable at 4-Month High
Consumer confidence in Mexico stood at a four-month high of 44.2 in May of 2022, unchanged from the previous month. Improvements were seen in the current assessment of households’ financial situation (49.1 vs 48.8 in April) and future expectations of households’ financial situation (57.4 vs 57.2). Also, the outlook for the future country's economic situation was slightly better (49.5 vs 49.1). Meanwhile, the current opinion about the country's economic situation was little changed (39.6 vs 39.7) and intentions to do major purchases decreased slightly (25.5 vs 26.5).
2022-06-02