Inflation in Mexico , which continues to rise and reached 4.51% in the first half of June compared to the previous year, has caused, along with factors such as the United States’ tariff policy, a deterioration in families’ perceptions of their economic situation.
In this context, the Consumer Confidence Indicator (ICC) reached 45.4 points in the sixth month of the year, which represented a decrease of 1.1 points per month , according to information from the National Institute of Statistics and Geography (INEGI) .
The agency also indicated that, in its annual comparison and with seasonally adjusted figures, the ICC registered a drop of 2.2 units last June.
“Within this framework, and with seasonally adjusted figures, monthly decreases were observed in the components that capture the current economic situation of the household, the current and future economic situation of the country, as well as the current ability of household members to purchase durable goods. The indicator corresponding to the expected economic situation of the household increased,” INEGI stated.
During June 2025, the component that measures household members’ current affordability to purchase furniture, televisions, washing machines, and other items decreased by 2.6 points per month compared to a year ago.
Meanwhile, the country’s economic situation today, compared to 12 months ago, decreased by 1.2 points monthly. Meanwhile, the country’s expected economic situation in 12 months, compared to the current one, showed a monthly decline of 0.9 points .
The current economic situation of household members, compared to 12 months ago, decreased by 0.3 units monthly.
On the other hand, the item that captures expectations about the economic situation of household members in 12 months compared to the current situation was the only one that reported a monthly increase, with a rise of 0.2 points .
INEGI data reveals consumer concern about Mexico’s current economic situation, which, according to financial institutions and analysts, has entered a period of restraint, with a tendency toward a possible recession in the coming months.
The country’s economic outlook is not encouraging . Along these lines, the financial institution Banamex estimated that general inflation could close the year at 4% and forecasts zero growth for 2025. Therefore, “it is possible that the economic stagnation will extend,” which would lead to a decline in consumption, one of Mexico’s economic drivers.
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