Although cautiously, Mexicans are beginning to regain confidence when purchasing goods and services, according to the Timely Indicator of Private Consumption (IOCP), which anticipated a monthly growth of 0.4% for May 2026 and also estimated an annual increase of 2.8 percent .
Meanwhile, for June , the National Institute of Statistics and Geography (Inegi) predicted an increase in the IOCP at both the monthly and annual rates of 0.1% and 2.6%, respectively.
The IOCP indicates that the Monthly Indicator of Private Consumption (IMCP) is projected to reach 114.2 points in May and 114.3 in June of this year. These estimates include 95% confidence intervals, based on seasonally adjusted figures.
For both months, this weighting could signify a trend of stability , although without clear signs of expansion.
The IOCP aims to provide timely and accurate estimates of private consumption, which is one of the country’s economic drivers, Inegi emphasized.
The Inegi estimates come in a context where the general annual inflation has been decreasing, standing at 3.94% last May and 3.37% in June of this year , which has generated a decrease in the prices of some products, allowing consumers greater purchasing power.
Private consumption is one of the main components of domestic demand, as it represents about 70% of Gross Domestic Product (GDP) , so its evolution is key to economic growth.
According to the consulting firm Kantar , consumers have changed their habits by purchasing lower-cost or private-label products, and have even reduced spending in response to factors such as inflation and slower economic growth.
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