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Mexico Consumer Confidence March 2023

Mexico: Consumer confidence eases in March

Consumer confidence fell to 44.5 in March from February’s 44.8. Consequently, the index remained entrenched below the 50-point threshold, signaling that consumers were pessimistic.

March’s lower reading was driven by consumers’ more downbeat views regarding their financial conditions over the next 12 months, and their reduced willingness to make major purchases.

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