The seasonally adjusted manufacturing confidence index in Mexico was 43.1 in January of 2021, unchanged from December's nine-month high, as expectations over the country's economy (52.9 vs 51.5 in December) and the company's future situation (58.7 vs 58.2) continued to strengthen. Also, the current assessment improved regarding the country's situation (34.8 vs 33.9) and the company’s situation (45.3 vs 44.4). Still, the current opinion about investment was less favourable (25.9 vs 27.2). source: Instituto Nacional de Estadística y Geografía (INEGI)
Business Confidence in Mexico averaged 51.18 points from 2004 until 2021, reaching an all time high of 58.70 points in February of 2007 and a record low of 34 points in February of 2009. This page provides the latest reported value for - Mexico Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Business Confidence in Mexico is expected to be 43.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Mexico to stand at 49.00 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 points in 2022, according to our econometric models.