Consumer Confidence in Mexico increased to 46.20 points in July from 45.20 points in June of 2023. source: Instituto Nacional de Estadística y Geografía (INEGI)

Consumer Confidence in Mexico averaged 39.79 points from 2001 until 2023, reaching an all time high of 48.46 points in February of 2019 and a record low of 28.81 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 August of 2023.

Consumer Confidence in Mexico is expected to be 43.80 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 45.00 points in 2024, according to our econometric models.

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Mexico Consumer Confidence



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-05 12:00 PM Jun 45.2 44.5 44.3 44.5
2023-08-07 12:00 PM Jul 46.2 45.3 44.9 45
2023-09-05 12:00 PM Aug 46.2


Related Last Previous Unit Reference
Consumer Confidence 46.20 45.20 points Jul 2023
Retail Sales MoM 2.30 -0.50 percent Jun 2023
Retail Sales YoY 5.90 2.60 percent Jun 2023
Consumer Spending 13070214.00 13067539.00 MXN Million Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
46.20 45.20 48.46 28.81 2001 - 2023 points Monthly
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News Stream
Mexico Consumer Morale Reaches 4-Year High
The consumer confidence indicator in Mexico rose for the third month to an over 4-year high of 46.2 in June of 2023 from an upwardly revised 45.3 in the previous month and significantly above market forecasts of 44.9. Sentiment improved regarding the current households' financial situation (50.5 vs 49.8 in June) and their ability to make major purchases (29.9 vs 28.6). Also, expectations for their personal situation increased (57.9 vs 56.3) as well as prospects for the country's economic situation (49.6 vs 48.8). Conversely, the perception towards the current economic situation of the country worsened (42.7 vs 43.2) amid the expected rise in prices (18.9 vs 18.5).
2023-08-07
Mexico Consumer Morale Hits Over 1-1/2-Year High
The consumer confidence indicator in Mexico rose for the second month to an over 1-1/2-year high of 45.2 in June of 2023 from 44.5 in the previous month and above market forecasts of 44.3. Households expressed reduced pessimism regarding their personal financial situation (49.7 vs 49.2 in May), the country's economic situation (43.3 vs 41.8), savings (37.6 vs 37) and their ability to make major purchases (28.4 vs 27.4). However, expectations for their personal situation deteriorated slightly (55.9 vs 56.2) and prospects for the country's economic situation remained weak (at 48.7) amid the expected rise in prices (18.5 vs 16.7).
2023-07-05
Mexico Consumers Less Pessimistic in May
The consumer confidence indicator in Mexico edged up to 44.4 in May of 2023 from 44.1 in the previous month, indicating consumers were slightly less pessimistic. Prospects regarding households' financial situation (56.2 vs 56.1 in April), the country's economic situation (48.4 vs 48.3), savings (37 vs 36.7) and their ability to make major purchases (27.2 vs 26.5) showed improvement. Meanwhile, consumers expressed concerns over the evolution of prices (16.7 versus 16) and employment (50.5 versus 50.9).
2023-06-05