The increase in the acquisition of foreign products resulted in a 0.8% rise in private consumption in Mexico during October 2025 compared to last September, according to data from the Monthly Indicator of Private Consumption (IMCP) , prepared by the National Institute of Statistics and Geography (Inegi) .
This increase represented the fourth best monthly advance of the IMCP in 2025, reflecting the positive evolution of household spending on goods and services , despite the country’s economic uncertainty.
In the tenth month of last year, the indicator stood at 113.5 points . In its annual measurement, private consumption increased by 4.1% in the reference period.
According to seasonally adjusted figures and monthly rates, consumption of domestically produced goods and services showed no change during the economic cycle . Goods fell by 0.2%, while services increased by 0.4%. As for imported goods, consumption rose by 6.6% in October 2025 compared to the previous month.
On an annual basis, spending on domestic goods and services grew 1.2% and spending on imported goods increased 20.6%.
According to INEGI, “the Monthly Indicator of Private Consumption measures household spending on consumer goods and services , both domestic and imported. This allows for monthly monitoring of the most significant component of Gross Domestic Product (GDP) , on the demand side.”
Measuring private consumption is important because it represents the spending by Mexican families on the purchase of goods and services, making it a key indicator of the economy .
According to an analysis by BBVA Research , a moderate start to 2026 is expected for private spending, although a gradual recovery in consumption could be observed during the year, as the real wage bill strengthens and the uncertainty derived from US trade policies decreases.
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