The seasonally adjusted manufacturing confidence index in Mexico fell to 49.5 in December 2019 from 49.9 in the previous month, the lowest since July. Sentiment weakened regarding the country's current situation (45.7 from 45.9 in November) and the company’s current situation (51 from 52.4). In addition, expectations deteriorated regarding the country's economic situation (50.5 from 50.5) and the company’s situation (56.2 from 57.2).

Business Confidence in Mexico averaged 51.84 points from 2004 until 2019, reaching an all time high of 58.60 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. source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico is expected to be 50.20 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 51.00 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.70 points in 2020, according to our econometric models.


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Mexico Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
49.50 49.90 58.60 34.00 2004 - 2019 points Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-01 11:00 AM Business Confidence Sep 50.3 49.9 49.2
2019-11-01 12:00 PM Business Confidence Oct 50 50.2 49.9
2019-12-02 12:00 PM Business Confidence Nov 49.9 50 49.4
2020-01-03 12:25 PM Business Confidence Dec 49.5 49.9 49.7
2020-02-04 12:00 PM Business Confidence Jan 49.5 49.9


News Stream
2019-12-02
Mexico Business Morale Falls to 3-Month Low
The seasonally adjusted manufacturing confidence index in Mexico fell to 49.9 in November 2019 from 50 in the previous month. Sentiment weakened regarding the country's situation (46 from 46.1 in October); the company’s situation (52.4 from 52.7); and investment (41.3 from 41.4). Also, expectations deteriorated regarding the country's future economic situation (50.6 from 51.5); and the company’s future situation (57.2 from 57.8).

2019-11-01
Mexico Business Morale Deteriorates in October
The seasonally adjusted manufacturing confidence index in Mexico decreased to 50 in October 2019 from a downwardly revised 50.2 in the previous month. Sentiment deteriorated regarding the country's situation (46.2 from 46.3 in September); the company’s situation (52.7 from 53.3); investment (41.5 from 41.6); the country's future economic situation (51.5 from 52.0); and the company’s future situation (57.7 from 58.3).

2019-10-01
Mexico Business Morale Rises to 3-Month High
The seasonally adjusted manufacturing confidence index in Mexico increased to 50.3 in September 2019 from an upwardly revised 49.9 in the previous month. Sentiment improved regarding the country's situation (46.4 from 45.9 in August); the company’s situation (53.1 from 52.3); investment (41.4 from 41.2); the country's future economic situation (52.1 from 51.2); and the company’s future situation (58.5 from 57.6).

2019-09-02
Mexico Business Morale Improves in August
The manufacturing confidence index in Mexico rose to 49.7 in August 2019 from a downwardly revised 49.4 in the previous month. Sentiment improved regarding the country's situation (45.9 from 45.7 in July) and the country's future economic situation (51.2 from 50.6). Meanwhile, manufacturer’s assessment deteriorated regarding the company’s situation (52.2 from 53); investment (41.3 from 42) and the company’s future situation (57.3 from 57.7).

2019-08-01
Mexico Business Confidence Falls into Negative Territory
The seasonally adjusted manufacturing confidence index in Mexico fell to 49.5 in July 2019 from a downwardly revised 50.7 in the prior month. It was the worst reading since June 2018, amid a deterioration in the current assessment for investment (42.5 from 44.3 in June); the country's situation (45.9 from 46.9) and the company´s situation (52.9 from 53.0). Also, expectations for the country's situation (50.8 from 52.1) weakened, while those regarding the company´s situation were unchanged (at 57.8).

2019-07-01
Mexico Business Sentiment at 6-Month Low in June
The seasonally adjusted manufacturing confidence index in Mexico fell to 51.2 in June 2019 from 52.4 in the previous month. It was the weakest reading since December, amid a deterioration in the current assessment for investment (46.1 from 48.3 in May); the company's situation (52.7 from 54.2) and the country's economic situation (47.4 from 47.9). Also, expectations regarding both the country’s (52.2 from 53) and the company's situation (57.6 from 59) weakened.


Mexico Business Confidence
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.

Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.50 49.90 58.60 34.00 points [+]
Manufacturing PMI 47.10 48.00 57.10 47.10 points [+]
Industrial Production -2.10 -3.00 23.80 -17.50 percent [+]
Industrial Production Mom 0.80 -1.50 8.50 -8.00 percent [+]
Manufacturing Production -3.00 -1.30 18.30 -17.70 percent [+]
Capacity Utilization 79.70 81.10 82.60 74.10 percent [+]
Changes in Inventories 128308.00 125471.00 280410.00 49273.00 MXN Million [+]
Total Vehicle Sales 70607.00 62538.00 127604.00 6318.00 [+]
Car Production 207.62 299.97 381.99 35.61 Thousand Units [+]
Car Registrations 70607.00 62538.00 127604.00 6318.00 [+]
Leading Economic Index -1.20 -0.80 12.60 -11.00 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Steel Production 1420.00 1515.00 1850.00 466.00 Thousand Tonnes [+]
Private Investment -8.60 -6.80 33.10 -41.90 percent [+]
Mining Production 0.90 -2.30 45.30 -25.20 percent [+]
Competitiveness Index 64.95 64.60 64.95 4.18 Points [+]
Competitiveness Rank 48.00 46.00 66.00 44.00 [+]
Crude Oil Rigs 49.00 50.00 107.00 8.00 [+]
Corruption Index 29.00 28.00 37.00 26.60 Points [+]
Corruption Rank 130.00 138.00 138.00 32.00 [+]
Ease of Doing Business 60.00 54.00 60.00 42.00 [+]
Gold Production 6990.00 6383.00 11688.00 384.00 Kg [+]