Mexico: Consumer confidence hits highest reading since September 2019 in June
July 5, 2021
Consumer confidence rose to 44.5 in June from May's 43.0. June's result marked the strongest sentiment since September 2019, and was driven by consumers’ greater optimism regarding their personal financial situation, the general economic situation and their ability to make major purchases.
Over Q2 as a whole consumer sentiment averaged notably higher than in Q1, likely supported by the vaccine rollout and surging remittances, boding well for private spending in the period.