Mexico Consumer Confidence October 2021

Mexico

Mexico: Consumer confidence picks up in October

November 5, 2021

Consumer confidence came in at 43.6 in October, up from September's 43.4. October’s rise was driven by improved sentiment regarding consumers’ personal financial situation and the general economic situation. However, consumers grew slightly less willing to make major purchases.

Panelists participating in this month’s LatinFocus Consensus Forecast project private consumption to increase 6.6% in 2021, which is unchanged from last month’s forecast, and 3.3% in 2022, down 0.1 percentage points from last month.


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Mexico Consumer Confidence October 2021

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


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