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.

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Mexico Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
42.70 44.30 48.30 28.60 2001 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-03 11:00 AM May 42.7 42.4 42
2021-07-05 11:00 AM Jun 44.5 43 43
2021-08-03 11:00 AM Jul 44.3 44.3 44
2021-09-02 11:00 AM Aug 42.7 43.9 44
2021-10-04 11:00 AM Sep 42.7
2021-11-05 12:00 PM Oct
2021-12-06 12:00 PM Nov


News Stream
Mexico Consumer Morale Eases to 4-Month Low
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).
2021-09-02
Mexico Consumer Morale Steady at Near 2-Year High
Consumer confidence in Mexico stood at a near two-year high of 44.3 in July of 2021, unchanged from the previous month. The current assessment for the country’s economic situation (39 vs 38.6 in June), households' situation (47.6 vs 46.8) and purchases of durable goods (24.4 vs 24.1) improved. Meanwhile, expectations regarding the country's economic situation (52.5 vs 53.3) and households’ situation (58.9 vs 59.1) weakened slightly.
2021-08-03
Mexico Consumer Confidence at Near 2-Year High
Consumer confidence in Mexico increased to 44.5 in June of 2021 from an upwardly revised 43.0 in the previous month. It was the highest reading since September of 2019, as Mexican consumers were more optimistic regarding all of the survey’s scenarios. Confidence levels were higher for the household’s 12-month financial outlook (59.1 from 57.9 in May), followed by the country’s economic outlook in the year ahead (51.5 from 50.7), and consumers’s opinions about their household’s financial situation in the previous 12 months (46.7 from 45.4). Finally, the willingness to buy durable goods climbed 1.7 points (24.2 from 22.6 in May), and the opinion on the country’s current economic situation improved by 1.4 points (38.5 from 37.2).
2021-07-05
Mexican Consumer Morale Edges Up to 15-Month High
Consumer confidence in Mexico edged higher to 42.7 in May of 2021 from 42.4 in the previous month. It was the highest reading since February of 2020, mainly lifted by households’ opinions of the country’s current economic situation (36.9 from 35.5 in April), the financial outlook of the household in the next 12 months (57.7 from 56.5), and the economic outlook for the next year (51.5 from 50.7). Meanwhile, consumers were more pessimistic regarding their household’s current situation compared to the previous year (45.3 from 45.6) and were less willing to buy durable goods (22.4 vs 24.0).
2021-06-03

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.