The Timely Indicator of Private Consumption (IOCP) anticipated a 0.2% monthly increase in consumption for August 2025, and estimated that it will not show any change at the annual rate, according to figures from the National Institute of Statistics and Geography (INEGI) .
For September, INEGI projected that the IOCP will rise by 0.1% monthly and 0.6% annually.
The IOCP estimates come in a context where inflation began to rise, reaching 3.57% annual rate last August, and 3.76% in September .
This reflects that consumers continue to exercise restraint when purchasing goods and services, driven by a complex economic landscape.
In response, Mexicans have adopted new forms of consumption, leaning toward lower-cost products and reducing their expenses .
“57% of Mexican consumers are buying products from cheaper brands, while 52% will start buying products with the “ Made in Mexico” seal , due to the threat posed by the United States’ tariff policy,” said the consulting firm Kantar .
According to INEGI, the IOCP aims to provide timely and accurate estimates of private consumption, which is one of the driving forces of the Mexican economy.
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