Last April, consumer confidence in Mexico saw a downward trend. According to the Consumer Confidence Indicator (ICC), it fell 0.6 points compared to the previous month, to 45.3 points, according to the National Institute of Statistics and Geography (INEGI) and the Bank of Mexico .
The annual decline was more significant. Compared to April 2024 , the drop was 2.2 points , from 47.3 to 45.3 points . This year, all components of the CCI registered decreases, reinforcing the perception of economic uncertainty.
Variations in the components of the ICC
Regarding the CCI components , the largest monthly decrease was observed in confidence in the ability to purchase durable goods, such as furniture and appliances, which fell 1.1 points compared to March; and the expected economic situation in a year decreased 0.9 points .
On an annual basis, the component that saw the most significant decline was the country’s current economic situation compared to last year, with a drop of 2.9 points ; followed by the expected economic situation in a year, with a decrease of 2.7 points .
Impact on other indicators
Regarding complementary indicators, the ICC noted that the economic possibilities for family vacations during the year showed the greatest decline, falling 3.3 points compared to the previous month.
These data reflect a picture of lower confidence in the Mexican economy and suggest greater caution in Mexican household spending. The downward trend in the CCI in recent months could be related to factors such as inflation, employment, and global economic uncertainty .
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