August 2025 Consumer Confidence Index (CCI) Reveals Dual Economic Outlook
The Mexican Consumer Confidence Index (CCI) for August 2025 paints a picture of mixed sentiments among Mexican consumers. According to the National Consumer Confidence Survey conducted by Mexico’s National Institute of Statistics and Geography (Inegi) and the Bank of Mexico (Banxico), there is optimism in personal finances but concern over the national economy.
Key Points of Optimism and Caution
- Inflation Expectations: There is a slight improvement in the perception that prices will moderate in the future, with the relevant indicator rising by 0.5 points this month. However, it remains below last year’s level.
- Concerns about the Economy and Employment: While personal finance optimism exists, national economic outlook and employment concerns are on the rise.
Concerns: National Economy and Employment
1. National Economy: Confidence in the country’s economic outlook has decreased, with the indicator for expected national economic situation improving by 1.0 point this month but still falling annually by 2.5 points, standing at 48.7.
2. Employment Situation: This is the most worrying aspect. The indicator for employment in the country over the next 12 months dropped by 0.6 points this month and 4.2 points over the past year, currently at 47.8. This negative trend reflects growing labor uncertainty.
3. Non-essential Spending: Caution around leisure spending is evident. The possibilities for economic travel during vacations decreased by 1.2 points this month, indicating that consumers are being more prudent with their non-essential expenditures.
The CCI, calculated from the National Consumer Confidence Survey, gauges citizens’ perceptions of their personal economic situation and that of the country, along with their future expectations. In August 2025, the CCI stood at 46.7 points, reflecting a monthly increase of 0.7 points.
Key Questions and Answers
- Q: What does the August 2025 CCI reveal about Mexican consumers?
A: The CCI indicates that while Mexican consumers are optimistic about their personal finances, they are pessimistic regarding the national economy and employment situation.
- Q: How have inflation expectations changed?
A: There has been a slight improvement in the perception that prices will moderate in the future, although it remains below last year’s level.
- Q: What are the main concerns regarding the national economy?
A: Consumers are worried about the country’s economic outlook and employment prospects, with both indicators showing a negative trend.
- Q: How has non-essential spending been affected?
A: Consumers are becoming more cautious with non-essential spending, particularly regarding leisure activities and travel.
