In the same way, a monthly reduction of 0.9 points was observed in relation to the perception of the economic situation of the country, for the next twelve months. These slight setbacks could be explained by the consolidation of the third wave of Covid-19.
Despite this, households have better expectations regarding the “current possibilities of the members of the household compared to a year ago, to make purchases of durable goods”.
The Consumer Confidence Indicator has not yet reached the maximum levels observed in June (44.5 points), the best level in two years, according to Inegi data. This despite the fact that the rebound of the Mexican economy is expected to continue consolidating, so much so that the private sector improved Mexico’s economic growth expectations to 6.1% by 2021, compared to the 5.8% they had contemplated a month earlier, according to the survey published by Banco de México on Monday, August 2.