They anticipate a slight improvement in private consumption in Mexico during July

Mexicans are purchasing goods and services at a moderate pace, despite the challenging economic scenario.

The Timely Indicator of Private Consumption (IOCP) anticipated a monthly growth of 0.2% in consumption for July 2026 and 1.6% at an annual rate , according to data from the National Institute of Statistics and Geography (Inegi) published on Thursday.

For August, the agency projected a monthly increase of 0.1% and an annual increase of 0.9%, which would reflect a slight recovery in Mexican household spending.

According to the indicator, consumption would have reached a level of 113.6 points in July and 113.8 points in August, which could signify a trend of stability.

The IOCP data points to positive behavior, albeit with less dynamism, suggesting that consumption is not entering a contraction phase, but also shows no signs of significant acceleration.

For companies, particularly those linked to trade, distribution and logistics, the scenario implies a demand that continues to grow, albeit at a more contained pace.

In supply chains, a more moderate expansion of consumption may translate into more careful decisions regarding inventories, sourcing, and logistics capacity.

Private consumption is one of the main components of aggregate demand and represents more than 70% of the country’s Gross Domestic Product (GDP) .

The July and August figures should be interpreted with caution due to the nature of the IOCP. It is a preliminary estimate of the Monthly Indicator of Private Consumption (IMCP) , which provides a first approximation more quickly than the final indicator.