The consumer confidence indicator in Mexico increased to 47.1 in January 2024 from 46.8 in December. Improvements were seen in the assessment for both households' financial situation in the next 12 months (58.3 vs 57.4) and the country's economic situation in a year (50.8 vs 50.1). On the other hand, propensity to make major purchases edged lower (30.7 vs 31). source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Confidence in Mexico increased to 47.10 points in January from 46.80 points in December of 2023. Consumer Confidence in Mexico averaged 39.95 points from 2001 until 2024, reaching an all time high of 48.50 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 March of 2024.

Consumer Confidence in Mexico increased to 47.10 points in January from 46.80 points in December of 2023. 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 45.00 points in 2025, according to our econometric models.

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Mexico Consumer Confidence


Calendar GMT Reference Actual Previous Consensus TEForecast
2024-01-08 12:00 PM
Consumer Confidence
Dec 46.8 47.3 48
2024-02-07 12:00 PM
Consumer Confidence
Jan 47.1 46.8 46.4
2024-03-06 12:00 PM
Consumer Confidence
Feb 47.1


Related Last Previous Unit Reference
Consumer Confidence 47.10 46.80 points Jan 2024
Retail Sales MoM -0.90 0.10 percent Dec 2023
Retail Sales YoY -0.20 2.70 percent Dec 2023
Consumer Spending 17589764.00 17250997.00 MXN Million Sep 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
47.10 46.80 48.50 28.60 2001 - 2024 points Monthly
SA

News Stream
Mexico Consumer Confidence Edges Higher
The consumer confidence indicator in Mexico increased to 47.1 in January 2024 from 46.8 in December. Improvements were seen in the assessment for both households' financial situation in the next 12 months (58.3 vs 57.4) and the country's economic situation in a year (50.8 vs 50.1). On the other hand, propensity to make major purchases edged lower (30.7 vs 31).
2024-02-07
Mexico Consumer Confidence Falls in December
Consumer confidence in Mexico dropped to 46.8 in December 2023, from 47.3 in the previous month. The assessment of households' current financial situation deteriorated (51.7 vs 51.8 in November), as well as for the next 12 months (57.3 vs 58.1). Also, sentiment worsened regarding the current (43.9 vs 44.2) and future (50.1 vs 50.5) state of the country's economy. Meanwhile, consumers' propensity to make large purchases remained unchanged (at 31.4).
2024-01-08
Mexico Consumer Morale Highest since 2019
The consumer confidence indicator in Mexico increased by 1.1 points to 47.3 in November 2023, the highest since February 2019. Sentiment improved for households’ current financial situation (51.8 vs. 51.3 in October), and the assessment for the current state of the Mexican economy (44.2 vs. 43.8). At the same time, confidence for the next 12 months rose regarding households’ financial situation (58.1 vs. 57.1) and the country’s economy (50.5 vs 49). Furthermore, consumers’ propensity to make large purchases increased (31.4 vs 29.8).
2023-12-06