INSUBCONTINENT EXCLUSIVE:
This marks the lowest level since October 2023 and extends a six-month slide.The drop signals growing caution among Mexican households, who
now view both their current and future economic prospects with greater skepticism
The index fell from 46 points in March and stands well below its October 2024 peak of 49.2 points.Households reported a weaker assessment of
Expectations for family finances also slipped, while willingness to make large purchases dropped to 29.4 points.Rising inflation has
contributed to this pessimism
INEGI data show that annual inflation reached 3.93% in April, up from 3.8% in March
Mexico responded by lowering its benchmark interest rate to 9% in March, the lowest since September 2022, and may cut rates further if
inflation stabilizes.Households in Mexico Grow Wary as Consumer Confidence Index Drops Again
trade policies and global market volatility
These factors weigh on both household confidence and business investment.Retail sales and private spending have also softened, reflecting
The sustained decline in consumer confidence highlights the real pressures facing Mexican families.Economic headwinds, persistent inflation,
and uncertain trade conditions have combined to dampen optimism and slow spending
Businesses and policymakers now watch closely for signs of stabilization or further decline as 2025 unfolds.
