Mexico Consumer Confidence Index n.s.a.

Country: Mexico, MXN
Importance: Low
Sector: Consumer
Last release
Actual
Forecast
108.8
Previous
106.1
Date (GMT)
Reference
Actual
Forecast
Jul 2019
108.8
Jun 2019
109.9
May 2019
108.1
—
Apr 2019
110.9
—
Mar 2019
112.7
—
Feb 2019
116.8
—
Jan 2019
111.9
—
Dec 2018
108.6
—
Nov 2018
100.9
—
Oct 2018
103.0
—
Sep 2018
101.7
—
Aug 2018
103.9
—
Jul 2018
105.0
—
Jun 2018
89.8
—
May 2018
88.3
—
Apr 2018
85.8
—
Mar 2018
82.5
—
Feb 2018
82.0
—
Jan 2018
84.2
—
Dec 2017
88.6
—

The Consumer Confidence Index n.s.a. reflects the sentiment of individuals regarding the economic activity. The indicator is calculated based on a survey of persons aged 18 and older, which are interviewed to evaluate the current and future economic situation in relation to themselves, their family and for the entire country. The indicator reflects seasonally unadjusted data. The short-term outlook of the Mexican economy is measured based on the Consumer Confidence Index.

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Frequently asked questions about the Economic Calendar

What does this economic indicator show?

This indicator reflects key macroeconomic trends in Mexico and belongs to the Consumer sector. Its market importance is rated as low. The release provides market participants with objective information about the state of the economy. Depending on how far the actual value deviates from analysts' consensus forecasts, the report may affect the national currency and related financial instruments.

When were the latest data released?

The latest official statistics were released on 05 Aug 2019. After publication, market participants compare the actual figures with forecasts and historical values. This analysis helps assess the current economic cycle and shape expectations about future monetary policy decisions, which can directly affect asset prices.

What do "Actual", "Forecast", and "Previous" mean?

"Previous" is the result from the preceding reporting period. "Forecast" is the consensus estimate before publication. "Actual" is the officially confirmed released value. Market reactions are largely driven by the difference between the forecast and the actual result. A significant positive or negative surprise relative to expectations can become a major driver of short-term price movements.

What were the results of the latest release?

In the latest report, the actual value was 105.1. Analysts had forecast 108.8, while the previous reading was 106.1. Comparing these three figures helps determine whether market expectations were met and whether the economic trend is accelerating or slowing relative to the previous period.

Why is this indicator important for traders?

The indicator has an importance level of low, which reflects its potential impact on liquidity and volatility. High-importance events can contribute to sustained medium-term trends, while lower-importance indicators more often cause localized fluctuations. Understanding the significance of a release helps traders prioritize events when planning their trading activity.

How does this indicator affect the forex market?

The impact is driven by changes in fundamental expectations. If actual data in Mexico significantly exceed forecasts or fall well below them, the market may reassess the outlook for the national currency. This can lead to changes in capital flows and market prices. The degree of impact also depends on overall market conditions and other events occurring at the same time.

Should I open trades before the release?

Trading immediately before important data releases involves increased risk. Spreads may widen sharply, slippage can occur, and volatility can become unpredictable when the report is published. Many professional market participants prefer to close speculative positions or reduce exposure before a release, resuming activity only after a clearer price direction emerges.

How can I use this indicator in trading?

Macroeconomic data should be treated as part of a broader analysis rather than as an isolated signal. An effective approach combines assessment of the fundamental environment with technical analysis and risk management. The indicator can help confirm or challenge a trend hypothesis, but trade entries should be based on multiple factors and clearly defined risk management rules.

Why does the market sometimes not react to a release?

A limited market reaction often means that the data matched expectations and had already been priced in — an effect sometimes described as "buy the rumor, sell the fact." The impact may also be overshadowed by more important simultaneous events or broader market sentiment. In such cases, even significant indicators may be released without causing substantial price movements.

How should I interpret a deviation from the forecast?

The key factor is often the size of the surprise rather than the absolute value. The larger the gap between the actual result and the forecast, the stronger the potential market reaction. A positive surprise typically supports the currency, while a negative one can weaken it. However, context matters: the market may disregard a deviation if it is viewed as temporary or insignificant for long-term central bank policy.

Can historical releases be used for analysis?

Historical data are useful for identifying cyclical patterns and assessing the persistence of trends. The latest release on 05 Aug 2019 provides a reference point. Comparing current readings with several previous periods can help distinguish short-term noise from structural changes in the economy and improve the quality of economic analysis.

Which markets can react to this indicator?

In addition to the national currency, the indicator may affect government bonds and stock indices in Mexico, as well as related commodities. The degree of impact depends on the type of data released, overall market conditions, and the sensitivity of specific assets to macroeconomic factors.