Mexico Consumer Confidence August 2021

Mexico

Mexico: Consumer confidence deteriorates in August

September 2, 2021

Consumer confidence fell to 42.7 in August from July's 43.9 amid spiking Covid-19 cases. This was a result of across-the-board declines in the subsectors, with consumers becoming more pessimistic regarding their personal economic situation over the past year, their personal economic situation over the next year, the general economic situation of the country over the past 12 months and the general economic situation of the country over the next 12 months.

Panelists participating in this month’s LatinFocus Consensus Forecast project private consumption to increase 6.2% in 2021, which is unchanged from last month’s forecast, and 3.3% in 2022.


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Mexico Consumer Confidence August 2021

Note: Consumer Confidence Indicator (ICC, Indicador de Confianza del Consumidor).
Source: Mexico National Statistics Institute (INEGI).


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