Mexico: Consumer confidence ticks down in April, remains upbeat
May 8, 2019
Consumer confidence eased further in April, with the seasonally-adjusted consumer confidence index published by the Statistical Institute (INEGI) coming in at 113.8 points, down from 115.9 in March. By all accounts, April’s reading was still upbeat; the indicator remained comfortably above the 100-point threshold and signaled optimism.
Broadly, the index was held back by consumers’ anxieties over the state of the economy, while assessments of their personal finances were broadly unchanged from March.
Author: Christopher Thomas, Economist