Consumer Spending in Mexico increased to 11900114 MXN Million in the fourth quarter of 2020 from 11020304 MXN Million in the third quarter of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Spending in Mexico averaged 9519711.76 MXN Million from 1993 until 2020, reaching an all time high of 12828477 MXN Million in the fourth quarter of 2019 and a record low of 6094268 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 May of 2021.

Consumer Spending in Mexico is expected to be 11250946.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Mexico to stand at 12471319.00 in 12 months time. In the long-term, the Mexico Consumer Spending is projected to trend around 12783602.00 MXN Million in 2022 and 13090409.00 MXN Million in 2023, according to our econometric models.

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Mexico Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
11900114.00 11020304.00 12828477.00 6094268.00 1993 - 2020 MXN Million Quarterly
Constant Prices 2013, NSA

Calendar GMT Actual Previous Consensus TEForecast
2020-12-18 12:00 PM Private Spending QoQ Q3 10.7% -19.4% -3%
2020-12-18 12:00 PM Private Spending YoY Q3 -12.7% -20.6% -11%
2021-03-19 12:00 PM Private Spending YoY Q4 -7.2% -12.7% -10%
2021-03-19 12:00 PM Private Spending QoQ Q4 5.3% 10.8% 8.5%

Mexico Consumer Spending
In Mexico, Consumer Spending refers to purchase of consumer goods and services by resident households. It is a component of GDP.