Mexico's seasonally adjusted manufacturing confidence index decreased to 50.1 in September 2022 from 51.9 in the prior month. It was the lowest reading since May of 2021, as the current opinion about investment (39.9 vs. 41.0) and the country's economic situation (47.3 vs. 57.3) deteriorated. Manufacturers were also less optimistic regarding their firms' future financial situation (57.7 vs. 57.8) and the country's economic outlook (52.1 vs. 52.3). source: Instituto Nacional de Estadística y Geografía (INEGI)
Business Confidence in Mexico averaged 51.14 points from 2004 until 2022, reaching an all time high of 58.70 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. Mexico Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2022.
Business Confidence in Mexico is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Business Confidence is projected to trend around 51.00 points in 2023, according to our econometric models.