Mexico Business Confidence

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. Business Confidence in Mexico averaged 51.91 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 51.90 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 50.20 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
2019-04-01	02:00 PM	Business Confidence Mar	51.5	51.4	51.5
2019-05-02	01:00 PM	Business Confidence Apr	53.0	52.8	51.6
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		51.2	51.3
2019-09-02	11:00 AM	Business Confidence Aug			50.9
2019-10-01	11:00 AM	Business Confidence Sep			50.5

Mexico Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	51.20	52.40	58.60	34.00	Index Points	[+]
Manufacturing PMI	49.20	50.00	57.10	49.20		[+]
Industrial Production	-3.35	-2.84	23.82	-17.50	percent	[+]
Industrial Production Mom	-2.10	1.40	8.50	-8.00	percent	[+]
Manufacturing Production	0.68	-0.42	18.26	-17.74	percent	[+]
Capacity Utilization	81.50	80.70	82.50	74.10	percent	[+]
Changes in Inventories	185467.00	179436.00	280468.77	49272.84	MXN Million	[+]
Total Vehicle Sales	59524.00	56387.00	127604.00	6318.00		[+]
Car Production	337.25	349.63	381.99	35.61	Thousand Units	[+]
Car Registrations	59524.00	56387.00	127604.00	6318.00		[+]
Leading Economic Index	-1.40	1.30	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	[+]
Private Investment	-5.70	-2.40	33.10	-41.90	percent	[+]
Mining Production	-8.90	-8.96	45.30	-25.22	percent	[+]
Steel Production	1670.00	1600.00	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	32.00	33.00	107.00	8.00		[+]
Ease of Doing Business	54.00	49.00	55.00	42.00		[+]
Corruption Index	28.00	29.00	37.00	26.60	Points	[+]
Corruption Rank	138.00	135.00	138.00	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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	51.20	52.40	58.60	34.00	2004 - 2019	Index Points	Monthly	SA

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Country	Last		Previous	Range
Australia	2.00	Jun/19	7	21 : -30	Index Points
Brazil	57.40	Jul/19	56.9	68.5 : 35	Index Points
Canada	52.40	Jun/19	55.9	75 : 36.1	Index Points
China	49.40	Jun/19	49.4	59.2 : 38.8	Index Points
Euro Area	0.17	Jun/19	0.3	1.62 : -3.3	Index Points
France	102.00	Jun/19	104	124 : 66	Index Points
Germany	97.40	Jun/19	97.9	110 : 79.9	Index Points
India	113.50	Jun/19	116	128 : 96.4	Index Points
Indonesia	102.10	Mar/19	105	122 : 95.12	Index Points
Italy	100.80	Jun/19	102	122 : 71.5	Index Points
Japan	7.00	Jun/19	12	53 : -58	Index Points
Mexico	51.20	Jun/19	52.4	58.6 : 34	Index Points
Netherlands	3.30	Jun/19	4.7	10.9 : -23.5	Index Points
Russia	-1.00	Jun/19	-1	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	1.00	Mar/19	-14	54 : -57	Index Points
South Africa	28.00	Jun/19	28	92 : 12	Index Points
South Korea	75.00	Jun/19	76	119 : 35	Index Points
Spain	-3.70	Jun/19	-3.3	8.5 : -39	Index Points
Switzerland	93.60	Jun/19	93.8	119 : 71.8	Index Points
Turkey	102.50	Jun/19	98.9	123 : 52.6	Index Points
United Kingdom	-13.00	Jun/19	-23	55 : -75	Index Points
United States	51.70	Jun/19	52.1	77.5 : 29.4	Index Points