Mexico city at goldenhour

Mexico Consumer Confidence August 2018

Mexico: AMLO’s win buoys consumer confidence through August

Consumer sentiment held up in August, with the seasonally-adjusted consumer confidence index published by INEGI ticking down only marginally from July’s post-election decade high 102.0 points (previously reported: 101.7 points) to 101.8 points. August’s print overshot market expectations. Until July, sentiment had been stuck below the 100-point threshold for just over ten years.

August’s reading was again seen as spillover from the landslide election victory of Andrés Manuel López Obrador (AMLO) on 1 July. Three of the index’s five components remained above the 100-point threshold in August; across-the-board expectations for the future were again strongly optimistic—a likely nod to AMLO’s left-wing platform—while views on present conditions at the household level ticked up. On the other hand, assessments of present macroeconomic conditions became more downbeat and consumers noted they were less willing than a month earlier to make big-ticket purchases.

Mexico Private Consumption Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest