Mexico Consumer Confidence March 2021


Mexico: Consumer confidence hits one-year high in March

April 6, 2021

Consumer confidence came in at 40.4 in March, up from February's 38.8. March's result marked the strongest sentiment since March 2020.

The improvement was driven by better sentiment regarding households’ personal financial situation and the general economic situation, as well as a greater willingness to make large purchases.

Panelists participating in this month’s LatinFocus Consensus Forecast project private consumption to increase 4.5% in 2021, which is up 0.3 percentage points from last month’s forecast, and 3.3% in 2022.


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Mexico Consumer Confidence Chart

Mexico Consumer Confidence March 2021 0

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

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