Private consumption, one of the driving forces of the Mexican economy, showed positive performance in April 2025, after having fallen 0.2% last March, despite the country’s economic slowdown.
According to the National Institute of Statistics and Geography (INEGI) , the Monthly Private Consumption Indicator (IMCP) registered an increase of 1.1% compared to the previous month, while, in annual terms, it had an increase of 0.7 percent .
This increase reflected the positive evolution of household spending on goods and services of national origin .
According to seasonally adjusted monthly figures, consumption of domestic goods and services grew 1.5% ; goods reported a 2% increase , and services grew 0.7% .
Regarding imported goods, consumption decreased by 1% in April of this year compared to the previous month.
On an annual basis, spending on domestic goods and services grew 3.1 percent, while spending on imported goods decreased 8.3 percent.
The recovery in consumption in Mexico in the fourth month of the year comes amid a context of rising inflation, reaching 4.51 percent in the first half of June.
According to estimates by the financial institution Banamex , general inflation could close the year at 4%, which would complicate the acquisition of goods and services, affecting consumption for the remainder of the year.
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