Consumer Spending in Mexico increased to 17589764 MXN Million in the third quarter of 2023 from 17250997 MXN Million in the second quarter of 2023. Consumer Spending in Mexico averaged 13216709.44 MXN Million from 1993 until 2023, reaching an all time high of 17589764.00 MXN Million in the third quarter of 2023 and a record low of 8415624.00 MXN Million in the first quarter of 1993. source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Spending in Mexico is expected to be 17364227.00 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 18192882.00 MXN Million in 2025 and 18520354.00 MXN Million in 2026, according to our econometric models.

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Mexico Consumer Spending

Calendar GMT Reference Actual Previous Consensus TEForecast
2023-12-18 12:00 PM Private Spending YoY Q3 4.3% 3.7% 3.5%
2023-12-18 12:00 PM Private Spending QoQ Q3 1.2% 0.7% 0.3%

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 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
17589764.00 17250997.00 17589764.00 8415624.00 1993 - 2023 MXN Million Quarterly
Constant Prices 2018, NSA