Consumer confidence in Mexico decreased to 42.7 in August of 2021 from a downwardly revised 43.9 in the previous month. It was the lowest reading since April, amid a worsening pandemic with record daily coronavirus infections in the second half of August. Sentiment fell the most regarding household’s current financial situation (46.1 from 47.8 in July) and the country’s economic outlook in the year ahead (49.8 from 51.5), followed closely by consumers’ views about their household’s 12-month financial outlook (57.1 from 58.6). Finally, respondents were less keen on acquiring durable goods (22.9 from 24.1), and more pessimistic about the country’s current economic situation (37.9 from 38.7). source: Instituto Nacional de Estadística y Geografía (INEGI)
Consumer Confidence in Mexico averaged 39.44 points from 2001 until 2021, reaching an all time high of 48.30 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 September of 2021.
Consumer Confidence in Mexico is expected to be 41.00 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 42.00 points in 2022, according to our econometric models.