Mexico Consumer Confidence April 2022


Mexico: Consumer confidence improves but remains in negative territory in April

May 4, 2022

Consumer confidence came in at 44.3 in April, up from March's 43.9. Despite the uptick, the index remained entrenched below the 50-threshold, indicating pessimism among consumers.

The rise came on the back of an improvement in consumers' assessments of the present and future general economic situation. In contrast, consumers' views of their current and future personal financial situation deteriorated.

Panelists participating in this month’s LatinFocus Consensus Forecast project private consumption to increase 2.3% in 2022, which is down 0.3 percentage points from last month’s forecast, and 2.3% in 2023.


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Mexico Consumer Confidence Chart

Mexico Consumer Confidence April 2022

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

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