Background on Claudia Shenbaum and Her Administration
Claudia Shenbaum, the current president, has been in office since the beginning of her six-year term. Her administration’s performance has had a significant impact on consumer confidence, as reflected in the Indicador de Confianza del Consumidor (ICC).
The ICC reached a historical high of 49.3 points in October of the previous year under Shenbaum’s leadership. However, since then, it has decreased by 3.9 points to 45.4 in June 2025.
June’s ICC Decline: Component Analysis
According to the Instituto Nacional de Estadística y Geografía (Inegi), four out of five ICC components declined in June compared to the previous month.
- Current Possibilities: This component, measuring consumers’ willingness to purchase big-ticket items like furniture, televisions, washing machines, etc., dropped by 2.6 points.
- Current Economic Situation: The perception of the current economic situation decreased by 1.2 points when compared to a year ago.
- Expected Economic Situation in 12 Months: Consumers’ expectations for the economy in the next year saw a 0.9-point decline compared to the present.
- Current Economic Situation of Household Members: This component, assessing the current economic standing of household members compared to a year ago, decreased by 0.3 points.
The only component that saw a slight increase was the Expected Economic Situation of Household Members in 12 Months, which rose by 0.2 points compared to the current situation.
Decline in Confidence for Car and Clothing Purchases
Among the ten complementary indicators, all showed a decrease from the previous month.
- Current Possibilities of Purchasing Clothing, Footwear, Food, etc.: This indicator fell by 2.5 points compared to a year ago.
- Household Members’ Plan to Purchase a New or Used Car in the Next 2 Years: This indicator also dropped by 2.5 points.
- Current Possibilities of Saving Part of Income: This component decreased by 1.7 points.
- Household Members’ Economic Capacity for Vacations in the Next 12 Months: This indicator declined by 1.6 points.
Key Questions and Answers
- What is the Indicador de Confianza del Consumidor (ICC)? The ICC is a measure of consumer confidence, assessing consumers’ perceptions of their current and expected economic situations as well as their purchasing intentions.
- Who is Claudia Shenbaum? Claudia Shenbaum is the current president whose administration has influenced consumer confidence, as reflected in the ICC.
- What factors contributed to the decline in consumer confidence? The decline can be attributed to increased pessimism about future prospects and the current economic conditions in the country.
- Which ICC components experienced a decrease? Four out of five ICC components declined in June, including Current Possibilities, Current Economic Situation, Expected Economic Situation in 12 Months, and Current Economic Situation of Household Members.
- What are the complementary indicators and their trends? All ten complementary indicators, such as purchasing clothing, planning car purchases, and saving capacity, showed a decrease from the previous month.
