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Mexico Consumer Confidence May 2023

Mexico: Consumer confidence ticks up in May

Consumer confidence came in at 44.4 in May, up from 44.1 in April. As such, the index remained entrenched below the 50-point threshold, indicating pessimism among consumers.

May’s uptick was driven by consumers’ reduced pessimism regarding their personal financial situation, the economic situation of the country, and their ability to make major purchases.

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