Mexico Consumer Confidence Indicator

The Consumer Confidence Indicator reflects the sentiment of individuals regarding the economic activity. It is calculated based on a monthly survey of households, which includes consumers' opinion on the following: general economic situation in Mexico, respondents' own financial condition, as well as their saving and spending intentions. The survey participants give an estimate of trends over the past twelve months and a forecast for the next twelve months. The short-term outlook of the Mexican economy is measured based on the Consumer Confidence Index.