Introduction to the ENIGH 2024 Survey
The National Institute of Statistics and Geography (Inegi) in Mexico recently released data from the National Household Income and Expenditure Survey (ENIGH) 2024. The survey reveals that Mexican households have continued to increase their spending following the economic downturn caused by the COVID-19 pandemic.
Monthly and Quarterly Spending
According to the ENIGH 2024, Mexican households spent an average of approximately $15,891 per month and $47,673 per quarter. This represents a 7.9% increase compared to two years ago and a 10.1% rise since 2018.
Spending Breakdown
Of every 100 pesos spent by households in the past year, 37.7 pesos went to food, beverages, and tobacco, totaling $5,994 monthly. This category saw an 8.1% increase compared to 2022.
- Food and Beverages: The largest expenditure in this category was on meats, averaging 1,082 pesos. Following that were cereals (751 pesos), other diverse foods (686 pesos), and vegetables (521 pesos).
- Transportation and Communications: Households allocated 3,106 pesos monthly for this category, which accounts for 19.5% of their total spending.
- Education and Recreation: This category received 1,531 pesos monthly, representing 9.6% of the total spending.
Top Spending Categories in 2024
The three categories that received the most resources from households in 2024 were:
- Consuming Food Outside the Home: Households spent an average of 1,299 pesos on this category.
- Meats: Spending on meats totaled 1,082 pesos.
- Vehicle Fuel: Households spent an average of 1,023 pesos monthly on vehicle fuel.
Regional Spending Variations
Spending varied across Mexican states in 2024. The ENIGH 2024 showed that households in the Mexico City had the highest spending, averaging 66,383 pesos per quarter. Querétaro followed closely with 61,593 pesos per quarter. At the other end of the spectrum, Chiapas had the lowest spending at 27,118 pesos per quarter. Oaxaca households spent an average of 34,107 pesos per quarter.
Survey Details
The ENIGH 2024 survey was conducted from August 21 to November 28 of the previous year, consulting a total of 38.8 million families across Mexico.
Key Questions and Answers
- What is the ENIGH 2024 survey? The ENIGH 2024 is a national household income and expenditure survey conducted by Mexico’s National Institute of Statistics and Geography (Inegi).
- What were the average monthly and quarterly spending figures for Mexican households in 2024? Households spent an average of $15,891 monthly and $47,673 quarterly.
- How did spending compare to previous years? Spending increased by 7.9% compared to two years ago and 10.1% since 2018.
- What were the main spending categories in 2024? The top three categories were consuming food outside the home, meats, and vehicle fuel.
- Did spending vary across different states in Mexico? Yes, spending varied. For example, households in the Mexico City spent the most per quarter, while Chiapas had the lowest spending.
