The consumer confidence indicator in Mexico edged to 38.4 in January of 2021 from 38.1 in December, reaching the highest value since March. The economic situation of the country over the next 12 months was assessed slightly less negative (45.6 vs 45.5), the same regarding the propensity to make major purchases (19.4 vs 18.7) while the household economic situation in a year is seen worsening (53.3 vs 54.2). source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Confidence in Mexico averaged 39.35 points from 2001 until 2021, reaching an all time high of 48.46 points in February of 2019 and a record low of 28.81 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 February of 2021.

Consumer Confidence in Mexico is expected to be 35.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Mexico to stand at 38.00 in 12 months time. In the long-term, the Mexico Consumer Confidence is projected to trend around 42.00 points in 2022, according to our econometric models.

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Mexico Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
38.40 38.10 48.46 28.81 2001 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-05 12:00 PM Oct 37.6 36.3 36.1
2020-12-04 12:00 PM Nov 36.7 37.6 37.8
2021-01-08 12:00 PM Dec 38.1 36.7 37
2021-02-08 12:00 PM Jan 38.4 38.1 38.5
2021-03-08 12:00 PM Feb 38.4
2021-04-06 12:00 PM Mar
2021-05-07 12:00 PM Apr
2021-06-03 12:00 PM May


News Stream
Mexico Consumer Confidence at 10-Month High
The consumer confidence indicator in Mexico edged to 38.4 in January of 2021 from 38.1 in December, reaching the highest value since March. The economic situation of the country over the next 12 months was assessed slightly less negative (45.6 vs 45.5), the same regarding the propensity to make major purchases (19.4 vs 18.7) while the household economic situation in a year is seen worsening (53.3 vs 54.2).
2021-02-08
Mexico Consumer Morale Improves in December
Mexico's consumer confidence indicator rose by 1.2 points from the previous month to 38.1 in December 2020, the highest since April but still well below pre-pandemic levels. There was an improvement in all sub-indexes: households' financial situation over the past 12 months (+1.7 points to 41.3); households' financial situation over the next 12 months (+1.5 points to 54.0); the country's economic situation over the past 12 months (+0.4 points to 30.4); the country's economic situation over the next 12 months (+0.6 points to 45.4); and major purchases climate (+1.0 point to 18.5).
2021-01-08
Mexico Consumer Morale Weakens in November
Consumer confidence in Mexico fell to 36.7 in November of 2020 from 37.6 in the previous month, amid worries over a recent surge in coronavirus cases. The decrease was mainly due to a deterioration in the current household's situation (39.4 vs 41 in October) and their future expectations (55.1 vs 53.6). Also, the gauge for the country's current economic situation (29.8 vs 30.1) and the outlook for the country's economy (44.7 vs 45) weakened. At the same time, intentions to make purchases of durable goods went down slightly (17.2 from 17.3).
2020-12-04
Mexico Consumer Sentiment Rises to 7-Month High
Consumer confidence in Mexico rose to 37.6 in October 2020 from an upwardly revised 36.3 in the previous month. It was the highest reading in seven months, amid the ongoing easing of coronavirus lockdown restrictions. The current assessment for both the country’s economic situation (30.2 vs 29.1 in September) and household situation (41 vs 38.7) improved. Additionally, expectations regarding the country's economic situation (45.2 vs 44.3) and households’ situation (53.6 from 52) strengthened. Also, intentions to make purchases of durable goods increased (17.3 from 16.4).
2020-11-05

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.