Mexico Consumer Confidence


Mexico: Consumer confidence rises to seven-month high

June 5, 2014

Consumer sentiment improved for a third consecutive month in May according to the INEGI’s unadjusted index of consumer confidence. The indicator inched up from 90.3 points in April to 90.7 points thus reaching the highest point since October 2013. The reading was on par with market expectations.

According to the May survey, consumers were more optimistic about their own economic situations as well as the country’s overall economic situation. They also showed more optimism regarding their ability to buy big-ticket items. Conversely, households were less optimistic regarding their economic prospects as well as the country’s future economic situation.

LatinFocus Consensus Forecast panelists expect private consumption to grow 3.0% in 2014, which is unchanged from last month’s projections. For 2015, the panel sees private consumption expanding 3.9%.

Author:, Senior Economist

Sample Report

Looking for forecasts related to Consumer Confidence in Mexico? Download a sample report now.


Mexico Consumer Confidence Chart

Mexico Consumer Confidence May 2014 1

Note: Consumer confidence index (ICC, Indicador de Confianza del Consumidor). January 2003=100.
Source: Mexico National Statistics Institute (INEGI).

Mexico Economic News

More news