Mexico’s business confidence indicator edged up to 53.6 in July of 2023, the highest since August 2018 from an upwardly revised 53.4 in the previous month. Sentiment improved regarding the investment environment (44.3 vs 43.1 in June), Mexico’s current macroeconomic situation (53.8 vs 52.4), and firms’ current financial situation (55 vs 54.9). Still, companies were less optimistic about the future, noting a slight deterioration in future expectations for Mexico’s economy (55.5 vs 56.5) and expectations for respective companies (59.5 vs 59.7). source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico averaged 51.67 points from 2004 until 2023, reaching an all time high of 59.60 points in February of 2007 and a record low of 33.90 points in February of 2009. This page provides the latest reported value for - Mexico Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Business Confidence in Mexico is expected to be 52.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Business Confidence is projected to trend around 53.00 points in 2024 and 55.00 points in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
Width
Height
 Preview

Mexico Business Confidence



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-03 12:00 PM Jun 53.3 53.4 50
2023-08-01 12:00 PM Jul 53.6 53.4 53.7
2023-09-01 12:00 PM Aug 53.6 53.9


Related Last Previous Unit Reference
Business Confidence 53.60 53.40 points Jul 2023
Industrial Production Mom 0.60 0.90 percent Jun 2023
Industrial Production 3.66 3.89 percent Jun 2023
Manufacturing Production 0.85 1.91 percent Jun 2023
Capacity Utilization 82.50 84.10 percent Jun 2023
Changes in Inventories 64313.00 83868.00 MXN Million Mar 2023
Car Registrations 47622.00 48891.00 Units Jul 2023
Car Production 294.35 331.71 Thousand Units Jul 2023
Total Vehicle Sales 47622.00 48891.00 Units Jul 2023
Private Investment 17.40 6.10 percent May 2023

Mexico Business Confidence
In Mexico, the Monthly Survey of Business Opinion (EMOE) measures the expectations of business executives regarding production, capacity utilization, employment and inventories, in the short, medium and long run. The survey also trials the expectations concerning the general economic environment and how it may affect business activity. The EMOE has a national coverage and it is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
53.60 53.40 59.60 33.90 2004 - 2023 points Monthly
SA

News Stream
Mexican Business Confidence Rises to Almost 5-Year High
Mexico’s business confidence indicator edged up to 53.6 in July of 2023, the highest since August 2018 from an upwardly revised 53.4 in the previous month. Sentiment improved regarding the investment environment (44.3 vs 43.1 in June), Mexico’s current macroeconomic situation (53.8 vs 52.4), and firms’ current financial situation (55 vs 54.9). Still, companies were less optimistic about the future, noting a slight deterioration in future expectations for Mexico’s economy (55.5 vs 56.5) and expectations for respective companies (59.5 vs 59.7).
2023-08-01
Mexico Business Morale Edges Lower in June
Mexico’s business confidence indicator dropped marginally to 53.3 in June from the upwardly revised 53.4 in the previous month. Sentiment deteriorated regarding the country's present economic situation (52.4 vs 52.9 in May) and its future evolution (56.5 vs 56.9). Meanwhile, manufacturers grew less positive about the company's present situation (at 54.9 vs 55.9) but preserved their stance on future dvelopments (59.7 vs 59.7).
2023-07-03
Mexico Business Morale Ticks Up in May
Mexico’s business confidence indicator rose marginally to 53.3 in May from 53 in the previous month. Sentiment improved regarding the country's present economic situation (53 vs 51.7 in April) and its future evolution (56.8 vs 56.2). Meanwhile, manufacturers remained positive about the company's situation (at 55.7) as well as its future situation (59.5 vs 59.6).
2023-06-01