Mexico's manufacturing business confidence rose by 0.2 points to 52.3 in October 2024 from a revised 52.1 in the prior month. Confidence in the financial situation of surveyed companies increased to 53.9, compared to 53.6 in September, indicating a stronger outlook among manufacturers. Additionally, investment propensity experienced a slight uptick, rising from 43.6 to 43.7. However, future expectations for the sector saw a minor decline, falling from 58.5 to 58.1. Meanwhile, the current view of the country's economic situation improved, increasing from 50.3 to 50.9, while the country's future prospects also strengthened, rising from 53.5 to 54. source: Instituto Nacional de Estadística y Geografía (INEGI)
Business Confidence in Mexico increased to 52.30 points in October from 52.10 points in September of 2024. Business Confidence in Mexico averaged 51.78 points from 2004 until 2024, reaching an all time high of 59.60 points in February of 2007 and a record low of 33.90 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 November of 2024.
Business Confidence in Mexico increased to 52.30 points in October from 52.10 points in September of 2024. Business Confidence in Mexico is expected to be 53.00 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 54.10 points in 2025 and 55.00 points in 2026, according to our econometric models.