Mexico city at goldenhour

Mexico Consumer Confidence July 2023

Mexico: Consumer confidence hits highest reading since November 2021 in July

Consumer confidence came in at 46.2 in July, up from June’s 45.3. July’s result marked the strongest sentiment since November 2021. Despite the uptick, the index remained below the 50-point threshold separating pessimism from optimism among consumers.

July’s rise was driven by improved sentiment regarding the overall economy and consumers’ willingness to make major purchases. The reading bodes well for private spending at the outset of the third quarter; growth in consumer spending has likely been a key driver of the economy so far this year.

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