Buz Investors Mexico Consumer Confidence Consumer confidence in Mexico increased to 75.7 in February of 2017 from 68.5 in the previous month and beating market expectations of 66. Current conditions were assessed less negatively for the economic situation of the country (68.2 from 60.3 in January) and households financial situation (91.0 from 87.2).
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Mexico Consumer Confidence
Moreover, expectations improved for the country’s general economic situation (63.4 from 55.9), and household financial situation (86.7 from 79.3). In addition, intentions to purchase domestic appliances rose (69.4 from 59.7). Consumer Confidence in Mexico averaged 95.22 from 2001 until 2017, reaching an all time high of 117.65 in August of 2001 and a record low of 68.50 in January of 2017. In Mexico, the Consumer Confidence Index (ICC) measures the current perception and future expectations that people have about their economic situation, their family and the country in general, in respect to the purchase of consumption durables and non-durables, as well as employment, inflation and savings. The index is based on a sample of 2336 households located in the 32 major cities of the country. The ICC has a base of 100 as of January of 2003, levels above 100 indicate optimism, 100 neutrality and below 100 pessimism. This page provides the latest reported value for – Mexico Consumer Confidence – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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