Mexican household spending barely grew 0.1% in May 2026 compared to last April , driven by the acquisition of national goods and services, according to the results of the Monthly Indicator of Private Consumption (IMCP) of the National Institute of Statistics and Geography (Inegi) .

In its annual measurement, the IMCP, which allows us to know the evolution of household spending on consumer goods and services of both national and imported origin,  registered an increase of 2.6 percent .

During the period, Mexicans prioritized domestically produced goods, which increased by 0.3%, while imported goods decreased by 1.2% on a monthly basis.

In its year-on-year comparison, spending on imported goods increased by 8.5% and spending on domestic goods increased by 1.2% in May 2026.

Despite the increase in private consumption, household spending in the country on a monthly basis fell compared to April of this year, when it showed an increase of 0.2 percent.

Although consumption, which represents more than 70% of the country’s Gross Domestic Product (GDP), showed positive performance in the fifth month of 2026, Mexicans continue to show caution when purchasing goods and services in the face of weak economic growth.

According to projections from Grupo Financiero BASE , private consumption, which in recent months has been sustained by the consumption of imported goods, which does not contribute to the country’s economic growth or boost the domestic market, will be affected by the fragile labor market and the loss of purchasing power of remittances.

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El cargo Private consumption in Mexico shows moderate growth in May apareció primero en T21.

Although cautiously, Mexicans are beginning to regain confidence when purchasing goods and services, according to the Timely Indicator of Private Consumption (IOCP), which anticipated a monthly growth of 0.4% for May 2026 and also estimated an annual increase of 2.8 percent .

Meanwhile, for June , the  National Institute of Statistics and Geography (Inegi) predicted an increase in the IOCP at both the monthly and annual rates of 0.1% and 2.6%, respectively.

The IOCP indicates that the Monthly Indicator of Private Consumption (IMCP) is projected to reach 114.2 points in May and 114.3 in June of this year. These estimates include 95% confidence intervals, based on seasonally adjusted figures.

For both months, this weighting could signify a trend of stability , although without clear signs of expansion.

The IOCP aims to provide timely and accurate estimates of private consumption, which is one of the country’s economic drivers, Inegi emphasized.

The Inegi estimates come in a context where the general annual inflation has been decreasing, standing at 3.94% last May and 3.37% in June of this year , which has generated a decrease in the prices of some products, allowing consumers greater purchasing power.

Private consumption is one of the main components of domestic demand, as it represents about  70% of Gross Domestic Product (GDP) , so its evolution is key to economic growth.

According to the consulting firm Kantar , consumers have changed their habits by purchasing lower-cost or private-label products, and have even reduced spending in response to factors such as inflation and slower economic growth.

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El cargo They anticipate an improvement in private consumption in Mexico during May apareció primero en T21.

El cargo Private consumption in Mexico is not picking up; it shows a decline in February apareció primero en T21.

Mexicans continue to show caution when purchasing goods and services, which affected private consumption in January 2026, which registered a drop of 1.6% compared to December 2025, the  National Institute of Statistics and Geography (Inegi) announced this Monday .

In the reference month, the  Monthly Indicator of Private Consumption (IMCP)  stood at  112.1 points . Year-on-year, private consumption increased  by 2.7%  in the first month of 2026.

According to seasonally adjusted figures and monthly rates, consumption of imported goods fell by 6.8%, and consumption of domestically produced goods and services fell by 0.7%.

In its year-on-year comparison, spending on domestic goods and services rose  0.4%  , while spending on imported goods increased by  12.2% .

According to analysts,  domestic consumption is still not showing clear signs of recovery after a 2025 with ups and downs, stemming from internal factors such as a slowdown in the Mexican economy, and external factors such as global trade volatility.

In this environment, factors such as inflation, slower growth, low employment expectations, and external pressures have impacted consumer confidence, leading to reduced spending, according to the consultancy Kantar .

Measuring private consumption is important because it represents the spending by Mexican families on the purchase of goods and services, making it a key indicator of the economy .

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El cargo Mexicans tighten their purse strings; private consumption falls in January apareció primero en T21.

The increase in the acquisition of foreign products resulted in a 0.8% rise in private consumption in Mexico during October 2025 compared to last September, according to data from the Monthly Indicator of Private Consumption (IMCP) , prepared by the  National Institute of Statistics and Geography (Inegi) .

This increase represented the  fourth best monthly advance of the IMCP in 2025, reflecting the positive evolution of household spending  on goods and services , despite the country’s economic uncertainty.

In the tenth month of last year, the indicator stood at  113.5 points . In its annual measurement, private consumption increased by 4.1% in the reference period.

According to seasonally adjusted figures and monthly rates,  consumption of  domestically produced goods and services  showed no change during the economic cycle . Goods fell by 0.2%, while services increased by 0.4%. As for imported goods, consumption rose by 6.6%  in October 2025 compared to the previous month.

On an annual basis, spending on domestic goods and services grew 1.2% and spending on imported goods increased 20.6%.

According to INEGI, “the Monthly Indicator of Private Consumption measures household spending on consumer goods and services , both domestic and imported. This allows for monthly monitoring of the most significant component of Gross Domestic Product (GDP) , on the demand side.”

Measuring private consumption is important because it represents the spending by Mexican families on the purchase of goods and services, making it a key indicator of the economy .

According to an analysis by BBVA Research , a moderate start to 2026 is expected for private spending, although a gradual recovery in consumption could be observed during the year, as the real wage bill strengthens and the uncertainty derived from US trade policies decreases.

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El cargo Imported products boost private consumption in Mexico during October apareció primero en T21.

Mexicans continue to show caution when purchasing goods and services, which affected private consumption in September 2025, which remained unchanged compared to August after three months of increases, the National Institute of Statistics and Geography (Inegi) announced .

In the reference month, the Monthly Indicator of Private Consumption (IMCP) stood at  112.4 points . In its year-on-year comparison, private consumption increased by 2.1% in the ninth month of 2025.

According to seasonally adjusted figures and monthly rates,  the consumption of  goods and services of national  and imported origin did not register any variation .

In its year-on-year comparison, spending on domestic goods and services rose 0.5% , while spending on imported goods increased by 9.1% .

According to analysts, domestic consumption is not yet showing clear signs of recovery towards the second half of the year , particularly due to a continued deterioration in consumer confidence, who have even changed their habits by purchasing lower-cost or private-label products.

Factors such as inflation, slower growth, low employment expectations, and external pressures have impacted consumer confidence, leading to reduced spending, according to the consultancy Kantar .

Measuring private consumption is important because it represents the spending by Mexican families on the purchase of goods and services, making it a key indicator of the economy.

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El cargo Consumption of goods and services stagnates in September apareció primero en T21.

The increase in the purchase of domestic and foreign products resulted in a 0.6% increase in private consumption in Mexico during August 2025 compared to last July, according to the Monthly Indicator of Private Consumption (IMCP) , prepared by the  National Institute of Statistics and Geography (Inegi), which was released this Wednesday .

This increase marked the fourth monthly advance of the IMCP so far this year and also reflected the positive evolution of household spending  on goods and services , despite the country’s economic volatility.

In the reference month, the indicator stood at 112.1 points . In its year-on-year comparison, private consumption increased by 0.9% in the eighth month of 2025.

Measuring private consumption is important because it represents the spending by Mexican families on the purchase of goods and services, making it a key indicator of the economy.

According to seasonally adjusted figures and monthly rates, consumption of  domestically produced goods and services  increased by 0.8 percent . Goods saw a 1.3% increase, while services rose by 0.2 percent. As for  imported goods, consumption increased by 0.3% in August of this year compared to the previous month.

In its annual measurement, spending on domestic goods and services grew 0.3% and spending on imported goods advanced 4.4 percent.

After a drop last July, private consumption rebounded in August, driven by the return to school, BBVA Research estimated , noting that, although the increase represents a respite for this segment of economic activity, “it is not enough to consolidate a sign of recovery towards the second half of the year, particularly given the continued deterioration of consumer confidence.”

According to Inegi, “the Monthly Indicator of Private Consumption measures the spending behavior of households on consumer goods and services, both of national and imported origin.”

Consumer confidence declines in October

According to data from Inegi and the  Bank of Mexico (Banxico) , the  Consumer Confidence Indicator (ICC) reached  46.1 points  in October 2025, representing a drop of  0.3 units  compared to last September, while at an annual rate and with seasonally adjusted figures, the indicator registered a decrease of  3.2 points  in the period.

In the reference month, the component that measures the current economic situation of household members compared to what it was 12 months ago was the only one that increased, with a monthly advance of 0.2 points.

The country’s future economic situation was the component with the largest decline, falling 0.8 points month-over-month. This was followed by the component that assesses the current ability of household members to purchase durable goods , which fell 0.6 points compared to September 2025.

The country’s economic situation today, compared to 12 months ago , fell by 0.3 units, and the expected economic situation of household members within 12 months, compared to the current one , decreased by 0.1 monthly points.

“The Consumer Confidence Indicator measures consumers’ perceptions of their current economic situation and that of the country, as well as their expectations,” Inegi stated.

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El cargo Private consumption in Mexico increases during August apareció primero en T21.