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Mexico Consumer Confidence February 2023

Mexico: Consumer confidence picks up but remains pessimistic in February

Consumer confidence came in at 44.8 in February, up from January’s 44.3. February’s result marked the best reading since November 2021. However, the index remained entrenched below the 50-point threshold, signaling pessimism among consumers.

February’s reading was driven by improved sentiment regarding future general economic conditions, willingness to purchase major items and households’ current financial situation.

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