Mexico Business Confidence

The seasonally adjusted 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). Business Confidence in Mexico averaged 51.88 Index Points from 2004 until 2019, reaching an all time high of 58.60 Index Points in February of 2007 and a record low of 34 Index Points in February of 2009.

Business Confidence in Mexico is expected to be 48.50 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 50.50 in 12 months time. In the long-term, the Mexico Business Confidence is projected to trend around 51.70 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-06-03	01:00 PM	Business Confidence May	52.4	52.4
2019-07-01	01:00 PM	Business Confidence Jun	51.2	52.4	51.9
2019-08-01	11:00 AM	Business Confidence Jul	49.5	50.7	50.9
2019-09-02	11:00 AM	Business Confidence Aug	49.7	49.4	49
2019-10-01	11:00 AM	Business Confidence Sep		49.7	49.2
2019-11-01	12:00 PM	Business Confidence Oct			49.1
2019-12-02	12:00 PM	Business Confidence Nov			49.4

Mexico Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	49.70	49.40	58.60	34.00	Index Points	[+]
Manufacturing PMI	49.00	49.80	57.10	49.00		[+]
Industrial Production	-1.70	-2.90	23.82	-17.50	percent	[+]
Industrial Production Mom	-0.40	1.00	8.50	-8.00	percent	[+]
Manufacturing Production	3.02	-0.83	18.26	-17.74	percent	[+]
Capacity Utilization	81.10	81.50	82.50	74.10	percent	[+]
Changes in Inventories	185467.00	179436.00	280468.77	49272.84	MXN Million	[+]
Total Vehicle Sales	62669.00	63912.00	127604.00	6318.00		[+]
Car Production	337.46	292.64	381.99	35.61	Thousand Units	[+]
Car Registrations	62669.00	63912.00	127604.00	6318.00		[+]
Leading Economic Index	-0.90	-0.40	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	[+]
Mining Production	-7.46	-5.55	45.30	-25.22	percent	[+]
Private Investment	-8.80	-7.40	33.10	-41.90	percent	[+]
Steel Production	1440.00	1580.00	1850.00	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		[+]
Crude Oil Rigs	33.00	37.00	107.00	8.00		[+]
Corruption Index	28.00	29.00	37.00	26.60	Points	[+]
Corruption Rank	138.00	135.00	138.00	32.00		[+]
Ease of Doing Business	54.00	49.00	55.00	42.00		[+]
Gold Production	6746.00	7127.00	11688.00	384.00	Kg	[+]

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 September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.70	49.40	58.60	34.00	2004 - 2019	Index Points	Monthly	SA

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Country	Last		Previous	Range
Australia	1.00	Aug/19	4	21 : -30	Index Points
Brazil	59.40	Aug/19	57.4	68.5 : 35	Index Points
Canada	60.60	Aug/19	54.2	75 : 36.1	Index Points
China	49.50	Aug/19	49.7	59.2 : 38.8	Index Points
Euro Area	0.11	Aug/19	-0.11	1.63 : -3.31	Index Points
France	102.00	Aug/19	101	124 : 66	Index Points
Germany	94.30	Aug/19	95.8	110 : 80	Index Points
India	112.80	Sep/19	114	128 : 96.4	Index Points
Indonesia	108.81	Jun/19	102	122 : 95.12	Index Points
Italy	99.70	Aug/19	100	122 : 71.5	Index Points
Japan	7.00	Jun/19	12	53 : -58	Index Points
Mexico	49.70	Aug/19	49.4	58.6 : 34	Index Points
Netherlands	3.90	Aug/19	3.9	10.9 : -23.5	Index Points
Russia	-2.00	Aug/19	-1	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-11.00	Jun/19	1	54 : -57	Index Points
South Africa	21.00	Sep/19	28	92 : 12	Index Points
South Korea	68.00	Aug/19	73	119 : 35	Index Points
Spain	1.40	Aug/19	-2.8	8.5 : -39	Index Points
Switzerland	97.00	Aug/19	97	119 : 71.8	Index Points
Turkey	102.50	Aug/19	98.3	123 : 52.6	Index Points
United Kingdom	-32.00	Sep/19	-13	55 : -75	Index Points
United States	49.10	Aug/19	51.2	77.5 : 29.4	Index Points