Amid a Mexican economy showing signs of slowing down, the confidence of Mexican business owners remained unchanged in June 2026 compared to last May , according to the results of the Global Business Confidence Opinion Indicator (IGOEC), which was 48.2 points .
According to data released this Wednesday by the National Institute of Statistics and Geography (Inegi) , the IGOEC registered a drop of 0.5 points year-on-year.
“With this latest observation, the indicator has now remained below the 50-point threshold for 16 consecutive months ,” Inegi explained.
In June 2026, the Business Confidence Indicator (BCI) for manufacturing industries stood at 48 points , 0.5 points higher than in May. Within this indicator, the component that decreased the most was the company’s current economic situation, with a monthly drop of 0.6 points.
The Construction Economic Index (ICE) was 46.3 units in June. This represents a 1.5-point decrease compared to the previous month. With this figure, the indicator has remained below the 50-point threshold for 22 consecutive months.
Meanwhile, the Commerce ICE (Consumer Confidence Index) rose 0.6 points compared to the previous month, reaching 48.9 units . Two of its five components declined compared to May, with the company’s current economic situation showing the largest drop at 0.2 points.
In the reference month, the ICE for private non-financial services fell 0.3 points compared to May 2016, settling at 48.2 units . Four of its components showed negative performance, with only the company’s future economic situation registering an increase, which was 0.3 points.
Within the ICE of private non-financial services, the transport, postal and storage sector stood at 47.3 points in June 2026, which meant 1.1 units less at an annual rate.
According to the results of the Global Business Confidence Opinion Indicator, two of the four sectors it covers showed declines during the sixth month of 2026.
This was due to the caution shown by business owners in the construction and non-financial private services sectors, which reflected pessimism, as the IGOEC remained below the 50-unit threshold.
Manufacturing orders
The Manufacturing Orders Indicator (IPM) showed mixed results during June 2026, resulting from an increase in orders and a decrease in inventories and inputs, reported Inegi and the Bank of Mexico (Banxico) .
In the sixth month of the year, the MPI stood at 50.2 points , an increase of 0.8 points compared to May. However, its year-to-date measurement showed a decrease of 0.3 points .
Within the index, two components of the MPI registered declines in the month-on-month comparison. In June 2026, orders increased by 2.7 points compared to May. This was followed by production, with a monthly increase of 0.4 points. Timeliness of supplier deliveries remained unchanged month-on-month. Conversely, inventories of inputs and total employment decreased by 1.6 and 0.2 points month-on-month, respectively.
Meanwhile, by groups of activity subsectors , the one that registered the greatest annual decrease was non-metallic minerals and basic metals with 7.9 points; while metal products, machinery, equipment and furniture was the one with the greatest increase with 6.5 units at an annual rate.
According to Banxico, knowing the Manufacturing Orders Indicator, which is built from the results of the Monthly Business Opinion Survey, allows for a preliminary view of economic activity in Mexico, since an increase in the MPI suggests that companies are receiving more orders and producing more.
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