The seasonally adjusted manufacturing confidence index in Mexico rose to 52.7 in December of 2021 from 52.6 in the prior month, reaching its highest level since May of 2019. Manufacturers' current opinion about the company's situation (55.4 vs 54.7 in November) and investment (39.6 vs 39.2) was more favourable. Meanwhile, there was a slight deterioration in the current assessment of the country's situation (51.2 vs 51.3) and prospects regarding both the country's situation (56.7 vs 57.1) and the company's situation (60.6 vs 60.8). source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico averaged 51.13 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 January of 2022.

Business Confidence in Mexico is expected to be 52.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Business Confidence is projected to trend around 50.70 points in 2023, according to our econometric models.

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Mexico Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-12-01 12:00 PM Nov 52.2 51.8 52
2022-01-04 12:00 PM Dec 52.7 52.6 52
2022-02-01 12:00 PM Jan 52.7


Related Last Previous Unit Reference
Business Confidence 52.70 52.60 points Dec/21
Industrial Production Mom -0.10 0.60 percent Nov/21
Industrial Production 1.60 0.70 percent Nov/21
Manufacturing Production 2.80 0.10 percent Nov/21
Capacity Utilization 77.20 76.00 percent Oct/21
Changes in Inventories 97949.00 35803.00 MXN Million Sep/21
Car Registrations 45296.00 39085.00 Dec/21
Car Production 212.72 248.96 Thousand Units Dec/21
Total Vehicle Sales 45296.00 39085.00 Units Dec/21
Private Investment 6.50 9.90 percent Oct/21

News Stream
Mexico Business Sentiment at Over 2-1/2-Year High
The seasonally adjusted manufacturing confidence index in Mexico rose to 52.7 in December of 2021 from 52.6 in the prior month, reaching its highest level since May of 2019. Manufacturers' current opinion about the company's situation (55.4 vs 54.7 in November) and investment (39.6 vs 39.2) was more favourable. Meanwhile, there was a slight deterioration in the current assessment of the country's situation (51.2 vs 51.3) and prospects regarding both the country's situation (56.7 vs 57.1) and the company's situation (60.6 vs 60.8).
2022-01-04
Mexico Business Morale Rises to 2-Year High
The seasonally adjusted manufacturing confidence index in Mexico rose to 52.2 in November of 2021, from a downwardly revised 51.8 in the previous month. It was the highest reading since May of 2019, amid a significant increase in the assessment of Mexico’s economy (51.6 vs 50.4), and optimism regarding the country’s economic future (56.9 vs 56). Manufacturers also improved their assessment of their firm’s situation (54.4 vs 54.2), while their confidence in their firm's future remained constant (at 60.2). On the other hand, fewer respondents believe it is an ideal time to invest (38.3 vs 39).
2021-12-01
Mexico Business Morale Rises to 4-Month High
The seasonally adjusted manufacturing confidence index in Mexico rose to 52.0 in October of 2021, from an upwardly revised 51.3 in the previous month. It was the highest reading in 4 months, amid a significant increase in the willingness of goods producers to invest in the present (39.5 from 36.9 in September). Manufacturers were also more optimistic about their firms’ current economic situation (54.6 from 54.0). Looking ahead, opinions improved regarding both Mexico's economic outlook (56.4 from 55.8) and their companies’ financial situation (60.5 from 60.1). Lastly, sentiment was almost unchanged regarding the country’s current economic situation (50.3 from 50.2).
2021-11-01

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.