Overview
- INEGI’s Consumer Confidence Index registered 46.5 in September, down 0.2 points from August and 0.5 versus a year earlier, marking nine straight annual declines.
- Three of five components fell, led by a 0.8‑point drop in households’ perceived ability to buy furniture and appliances, while current personal finances ticked up.
- Complementary ENCO indicators showed current personal finances at 50.4 and 12‑month personal expectations at 58.0, but saving capacity stayed low at 39.0.
- The Secretaría de Economía said household spending remains balanced, as retailers reported August sales growth of 7.6% and ANTAD members pursued roughly $3 billion in planned investments.
- Monex analysts said weaker durable‑goods intentions and a softer view of the national economy could temper consumption toward year‑end.