Private spending in Mexico rose by 0.5% on quarter in the fourth quarter of 2022, following a downwardly revised 0.3% increase in the previous quarter. Year-on-year, private spending advanced by 4.5%, down from a downwardly revised 6.4% rise in the previous period. source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Spending in Mexico averaged 9712094.59 MXN Million from 1993 until 2022, reaching an all time high of 13085767.00 MXN Million in the fourth quarter of 2022 and a record low of 6094268.00 MXN Million in the first quarter of 1993. This page provides the latest reported value for - Mexico Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Consumer Spending - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Consumer Spending in Mexico is expected to be 13214014.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Consumer Spending is projected to trend around 13561042.00 MXN Million in 2024 and 13805141.00 MXN Million in 2025, according to our econometric models.

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Mexico Consumer Spending

Calendar GMT Actual Previous Consensus TEForecast
2023-03-22 12:00 PM Private Spending QoQ Q4 0.5% 0.3% -0.5%
2023-03-22 12:00 PM Private Spending YoY Q4 4.5% 6.4% 3.7%

Related Last Previous Unit Reference
Consumer Confidence 44.40 44.10 points May 2023
Retail Sales MoM 0.00 -0.60 percent Mar 2023
Retail Sales YoY 2.50 3.40 percent Mar 2023
Consumer Spending 13085767.00 12803352.00 MXN Million Dec 2022

Mexico Consumer Spending
In Mexico, Consumer Spending refers to purchase of consumer goods and services by resident households. It is a component of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
13085767.00 12803352.00 13085767.00 6094268.00 1993 - 2022 MXN Million Quarterly
Constant Prices 2013, NSA