Consumer confidence declined slightly during the month of May — Noticias en la Mira con Lourdes Mendoza

Inegi revealed that, with seasonally adjusted data, consumer confidence in Mexico broke for three straight monthly gains after falling 0.04 points in May, to stand at 44.20 units,

Based on the results of the study, the decline in the Consumer Confidence Indicator (ICC) was caused by contraction in two of its five components, mainly influenced by a 0.94 point decrease in the current probability by household members, compared to last year. a year ago, to make purchases of durable goods, such as furniture, televisions, washing machines, and other household appliances.

In addition, the variable that measures consumer perceptions of the current state of the country’s economy compared to the one prevailing 12 months ago experienced a decrease of 0.08 points.

In contrast to the data above, the indicator that captures expectations about the expected economic condition of the country in one year against the current situation increased by 0.47 points and items about the current economic situation of household members. compared to the one they had 12 months ago, it came in at 0.29 units.

Finally, the expectation of the economic situation of household members in 12 months against the current situation grew by 0.21 units. RB

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Roderick Gilbert

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