Although inflation in Mexico has remained relatively stable, reaching 3.51% in its annual measurement last July, consumers continue to show restraint when it comes to spending on goods and services.
Along these lines, the Timely Indicator of Private Consumption (IOCP) anticipated a decrease in consumption of 0.7% at an annual rate for July 2025 , as well as 0.7% annually for August , according to figures from the National Institute of Statistics and Geography (Inegi) .
Meanwhile, on a monthly basis, the IOCP forecast a 0.7% decline in the seventh month of the year, while for August it estimated it would remain unchanged.
The IOCP’s purpose is to provide timely and accurate estimates of private consumption, which is one of the country’s economic drivers, INEGI explained.
Faced with rising prices for various products, Mexicans have changed their purchasing habits, prioritizing cheaper supplies, according to the consulting firm Kantar .
Factors such as inflation, slower growth, low employment prospects, and external pressures have impacted consumer confidence, leading to reduced spending.
In this sense, stores that offer deep discounts, such as Tiendas 3B , Neto , and others, have gained preference among Mexican consumers, the consulting firm stated.
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