Mexico Business Confidence

The seasonally adjusted manufacturing confidence index in Mexico decreased to 49.2 in December 2018 from 49.9 in the previous month. Sentiment declined for the fourth consecutive month and the most since June, amid a deterioration in expectations for the country's economic situation (49.8 from 51.1 in November) and the company's situation (57.2 from 58.2). Concomitantly, the current assessment was less favorable regarding the country's economic situation (46.0 from 46.5) and the company's situation (52.4 from 53.4). In contrast, manufacturers' current opinion about investment improved slightly (39.4 from 39.3). Business Confidence in Mexico averaged 51.18 Index Points from 2004 until 2018, reaching an all time high of 58.10 Index Points in February of 2007 and a record low of 33.70 Index Points in February of 2009.

Business Confidence in Mexico is expected to be 50.30 Index 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 50.40 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-10-01	01:00 PM	Business Confidence	50.9	51.2	51.6
2018-11-01	02:00 PM	Business Confidence	50.7	50.8	51.8
2018-12-03	02:00 PM	Business Confidence	49.9	50.6	50.2
2019-01-03	02:00 PM	Business Confidence	49.2	49.9	49.7
2019-02-01	02:00 PM	Business Confidence		49.2	48.7
2019-03-01	02:00 PM	Business Confidence			48.5
2019-04-01	01:00 PM	Business Confidence			50.2

Mexico Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	49.20	49.90	58.10	33.70	Index Points	[+]
Manufacturing PMI	49.70	49.70	57.10	49.20		[+]
Industrial Production	-1.30	1.00	23.82	-17.50	percent	[+]
Industrial Production Mom	-0.60	-1.70	8.40	-7.90	percent	[+]
Manufacturing Production	1.40	2.60	18.26	-17.74	percent	[+]
Capacity Utilization	81.00	82.30	82.50	74.10	percent	[+]
Changes in Inventories	166654.31	133006.81	280468.77	49272.84	MXN Million	[+]
Total Vehicle Sales	81542.00	70427.00	127604.00	6318.00		[+]
Car Production	237.68	344.93	381.99	35.61	Thousand Units	[+]
Car Registrations	81542.00	70427.00	127604.00	6318.00		[+]
Leading Economic Index	2.90	2.10	12.60	-9.80	percent	[+]
Internet Speed	7538.43	7213.58	7538.43	949.27	KBps	[+]
IP Addresses	13309655.00	13057425.00	14700484.00	4009120.00	IP	[+]
Private Investment	3.40	-0.70	33.10	-41.90	percent	[+]
Mining Production	-8.00	-5.60	45.30	-25.22	percent	[+]
Steel Production	1500.00	1690.00	1830.00	466.00	Thousand Tonnes	[+]
Competitiveness Index	64.60	64.14	64.60	4.18	Points	[+]
Competitiveness Rank	46.00	44.00	66.00	44.00		[+]
Ease of Doing Business	54.00	49.00	55.00	42.00		[+]
Corruption Index	29.00	30.00	37.00	26.60	Points	[+]
Corruption Rank	135.00	123.00	135.00	32.00		[+]

In Mexico, the Monthly Survey of Business Opinion (EMOE) measures the expectations of business executives regarding production, capacity utilization, employment and inventories, in the short, medium and long run. The survey also trials the expectations concerning the general economic environment and how it may affect business activity. The EMOE has a national coverage and it is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism. 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.20	49.90	58.10	33.70	2004 - 2018	Index Points	Monthly	SA

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Country	Last		Previous	Range
Australia	3.00	Nov/18	5	21 : -30	Index Points
Brazil	63.80	Dec/18	63.2	68.5 : 35	Index Points
Canada	59.70	Dec/18	57.2	75 : 36.1	Index Points
China	49.40	Dec/18	50	59.2 : 38.8	Index Points
Euro Area	0.82	Dec/18	1.04	1.62 : -3.28	Index Points
France	104.00	Dec/18	106	124 : 66	Index Points
Germany	101.00	Dec/18	102	110 : 80.2	Index Points
India	64.90	Jun/18	60.1	71.8 : 45.7	Index Points
Indonesia	108.05	Sep/18	113	122 : 95.12	Index Points
Italy	103.60	Dec/18	104	122 : 71.5	Index Points
Japan	19.00	Dec/18	19	53 : -58	Index Points
Mexico	49.20	Dec/18	49.9	58.1 : 33.7	Index Points
Netherlands	7.50	Dec/18	7.2	10.9 : -23.5	Index Points
Russia	-8.00	Dec/18	-6	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-1.00	Sep/18	7	54 : -57	Index Points
South Africa	31.00	Dec/18	34	91 : 10.2	Index Points
South Korea	71.00	Dec/18	73	119 : 35	Index Points
Spain	-2.70	Dec/18	0	7.8 : -38.5	Index Points
Switzerland	96.30	Dec/18	98.9	119 : 70.7	Index Points
Turkey	91.50	Dec/18	92.8	123 : 52.6	Index Points
United Kingdom	-16.00	Dec/18	-3	55 : -75	Index Points
United States	54.10	Dec/18	59.3	77.5 : 29.4	Index Points