Consumer Spending in Mexico increased to 12638007 MXN Million in the third quarter of 2019 from 12313193 MXN Million in the second quarter of 2019. Consumer Spending in Mexico averaged 9423131.64 MXN Million from 1993 until 2019, reaching an all time high of 12816062 MXN Million in the fourth quarter of 2018 and a record low of 6094259 MXN Million in the first quarter of 1993. source: Instituto Nacional de Estadística y Geografía (INEGI)
Consumer Spending in Mexico is expected to be 12149989.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Mexico to stand at 12777025.00 in 12 months time. In the long-term, the Mexico Consumer Spending is projected to trend around 13189161.00 MXN Million in 2020, according to our econometric models.