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October 6, 2022
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Consumer confidence picks up in Mexico, after four months of decline

Consumer confidence picks up in Mexico, after four months of decline

Specifically, in its monthly comparison, the expectation about the possibilities that households have grew 0.5 points, compared to those of a year ago. to do purchases of furniture, televisions and other appliances. But this indicator remains at 23.7 points.

And the component that measures expectations about the country’s economic situation expected within 12 months, compared to the current one, grew 0.3 points compared to the level of August. However, this item is 5.9 points below the levels of September 2021.

In contrast, the expected situation of household members within 12 months, compared to the current one, decreased 0.2 points, in its monthly comparison.

In addition, Mexican households believe that their situation and that of the country is worse than 12 months ago, since these items decreased 0.1 and 0.2 points in September, and are 0.3 points and 2.6 points below the levels of September 2021, respectively. .

Regarding the complementary indicators, the one that measures the planning of some member of the household to buy a new or used car in the next 2 years fell 0.7 points.

The possibilities that Mexicans perceive to save, build or remodel a house, and even to buy shoes, clothes or food were also reduced.

In contrast, expectations about the employment situation in the country for the next 12 months increased.



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