Mexico's consumer confidence indicator declined to 44.5 in December of 2021, from an upwardly revised 28-month high of 46 in November, as consumers’ opinions deteriorated in four of the survey’s five main topics. Households were more pessimistic about the country’s one-year economic outlook (-2.2 points to 49.6) and about their personal financial situation in the year ahead (-2.0 points to 57.2). To a lesser extent, consumers’ assessment of the current economic situation also worsened (-1.6 points to 40.5) and households' current financial situation (-0.5 points to 48.7). Lastly, the propensity to do major purchases was unchanged (26.4). source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Confidence in Mexico averaged 39.52 points from 2001 until 2021, 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 January 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 40.00 points in 2023, according to our econometric models.

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Mexico Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-12-06 12:00 PM Nov 45.8 44.1 43.6
2022-01-05 12:00 PM Dec 44.5 46 45
2022-02-03 12:00 PM Jan 44.5


Related Last Previous Unit Reference
Consumer Confidence 44.50 46.00 points Dec/21
Retail Sales MoM 0.30 0.30 percent Oct/21
Retail Sales YoY 5.30 5.90 percent Oct/21
Consumer Spending 12001243.75 11950116.36 MXN Million Sep/21

News Stream
Mexico Consumer Morale Drops in December
Mexico's consumer confidence indicator declined to 44.5 in December of 2021, from an upwardly revised 28-month high of 46 in November, as consumers’ opinions deteriorated in four of the survey’s five main topics. Households were more pessimistic about the country’s one-year economic outlook (-2.2 points to 49.6) and about their personal financial situation in the year ahead (-2.0 points to 57.2). To a lesser extent, consumers’ assessment of the current economic situation also worsened (-1.6 points to 40.5) and households' current financial situation (-0.5 points to 48.7). Lastly, the propensity to do major purchases was unchanged (26.4).
2022-01-05
Mexico Consumer Morale Improves to 2-1/2-Year High
Mexico's consumer confidence indicator increased by 1.7 points from a month earlier to 45.8 in November 2021, the highest level since March 2019, as all sub-indexes rose: households' financial situation (+2.8 points to 49.2); the country's economic climate (+2.2 points to 41.9); households' expectations regarding their financial situation over the next 12 months (+1.2 points to 59.2); expectations regarding the country's economic situation over the next 12 months (+0.5 points to 52.2); and major purchases climate (+3.4 points to 26.7).
2021-12-06
Mexico Consumer Moral Improves in October
Consumer confidence in Mexico edged up to 43.6 in October of 2021 from 43.4 in the previous month. Improvements in sentiment were seen across 4 of the 5 sectors of the index, namely the country’s economic outlook in the coming year (51.6 vs 50.7 in September) and the country’s current economic condition compared to last year’s (39.3 vs 38.9). Lesser improvements were seen in households’ financial situation in the coming year (57.7 vs 57.5) and the country’s current economic outlook (46.2 vs 46.1). On the other hand, there was a decline in current willingness to purchase durable goods (23.2 vs 23.4).
2021-11-05

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.