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Consumer Confidence Drops Sharply

Mexico's July consumer confidence index fell to a seasonally-adjusted 91.2, and the readings for each of the previous three months were revised sharply downward.  While a stronger labor market is supporting consumers' optimism regarding the situation for their own family, they are increasingly worried by broader problems facing Mexico as a whole.

Posted by: Patrick FearonCategory:Mexican Economy, Consumer Confidence, Leave Comment

Consumer Confidence Rebounds Further

Mexico's June consumer confidence index rose to a seasonally-adjusted 93.8, compared with revised readings of 92.0 in May and 91.4 in April.  With the rise in June, the index now stands at its highest level since last November.

Posted by: Patrick FearonCategory:Mexican Economy, Consumer Confidence, Leave Comment

Consumer Confidence Stages Partial Rebound

Mexico's May consumer confidence index rose to a seasonally-adjusted 91.5, after falling to a revised 91.1 in April.  Despite the partial rebound, however, it seems a bit too early for optimism to embark on a sustained rebound.

Posted by: Patrick FearonCategory:Mexican Economy, Consumer Confidence, Leave Comment

Consumer Confidence Declines in April

Mexico's April consumer confidence index declined to a seasonally-adjusted 90.8, falling from a revised 92.8 in March and reaching its lowest level since last summer.  Optimism has clearly taken a hit from the recent softness in Mexican exports, manufacturing, construction, and government spending.

Posted by: Patrick FearonCategory:Mexican Economy, Consumer Confidence, Leave Comment

Consumer Confidence Rises Further

Mexico's March consumer confidence index rose to a seasonally-adjusted 93.0, compared with revised readings of 92.9 in February and 92.1 in January.  With the Mexican labor market strengthening, optimism is likely to improve further.

Posted by: Patrick FearonCategory:Mexican Economy, Consumer Confidence, Leave Comment

Consumer Confidence Rebounds in February

Mexico's February consumer confidence index rose to a seasonally-adjusted 92.7, after dipping to 91.8 in January.  With its rise in February, the index is now back where it was in December, though it is still below its most recent high of 94.5 in November.

Posted by: Patrick FearonCategory:Mexican Economy, Consumer Confidence, Leave Comment

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