After closing 2025 with a monthly increase of 0.6 points, consumer confidence in Mexico fell in January 2026 , due to the economic situation in households and the increase in the price of some products and services, the National Institute of Statistics and Geography (Inegi) and the Bank of Mexico (Banxico) reported on Friday .
According to the Consumer Confidence Indicator (CCI), during the first month of the year, consumer confidence registered a decrease of 0.6 points compared to December 2025. The indicator also fell in its annual measurement, with a decline of 2.7 units last January.
Within it, and with seasonally adjusted figures, monthly decreases were observed in the five components that make up the ICC .
Last January, the component that measures the current economic situation of household members compared to what it was 12 months ago was the one that fell the most, registering a drop of 0.9 monthly points.
This was followed by the expected economic situation of household members within 12 months compared to the current situation, with a decrease of 0.7 units compared to December 2025.
The country’s economic situation today compared to 12 months ago, and the country’s expected economic situation in 12 months compared to the current one, registered declines of 0.5 points each, compared to the last month of last year.
Meanwhile, the indicator that measures the current ability of household members, compared to a year ago, to make purchases of furniture and appliances, decreased by 0.4 units per month.
On an annual basis, four of the five components that make up the ICC registered declines , with the expected economic situation of the country in 12 months compared to the current one showing the greatest decline at 6.5 points.
Conversely, the ability of household members to make purchases of furniture and appliances at the present time, compared to a year ago, was the only component that grew, with 0.4 units compared to January 2025.
Private consumption is one of the most important components of the Mexican economy, since between this indicator and investment, they represent 80% of the country’s Gross Domestic Product (GDP).
However, projections from international institutions and organizations, such as the International Chamber of Commerce Mexico (ICC Mexico) , have indicated that a recovery in spending on goods and services is not anticipated during 2026, due to the effects of tariffs from the American Union and the review of the Treaty between Mexico, the United States and Canada (USMCA) .
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