The seasonally adjusted manufacturing confidence index in Mexico eased to 51.9 in June of 2022 from a downwardly revised 52.1 in the prior month, the lowest in three months. Respondents were broadly less keen to invest (43.2 vs. 43.4 in May), and, to a much lesser extent, sentiment deteriorated regarding the country's future economic situation (53.7 vs. 54.2), the company's current financial situation (54.2 vs. 54.3) as well as the company's future financial situation (57.3 vs. 58.4). On the other hand, opinions regarding the economic situation of the country in the present improved (49.8 vs. 49.7). source: Instituto Nacional de Estadística y Geografía (INEGI)
Business Confidence in Mexico averaged 51.15 points from 2004 until 2022, 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 July of 2022.
Business Confidence in Mexico is expected to be 53.00 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 51.00 points in 2023, according to our econometric models.