Consumer confidence in Mexico up 12.3 percent in November

Wednesday, 06 December 2023 00:05:17 (GMT+3)   |   San Diego

The Consumer Confidence Index (CCI) in Mexico increased 12.3 percent, year-over-year, in November. It is the 11th consecutive annual increase, according to SteelOrbis analysis of data from the national statistics agency Inegi.

In November, the CCI was 46.9 points, 1.2 points more than the previous month and 5.1 points more than the same month last year.

Of the top five survey questions, all were positive. The largest increase was to the question: At the current time, will you or another member of this household make purchases of a television, washing machine, or other household appliances? There confidence increased 31.3 percent. It is the eleventh consecutive annual increase.


Similar articles

ArcelorMittal Mexico restarts blast furnace at Lázaro Cárdenas plant

20 Jan | Steel News

AHMSA trustee seeks 30-day extension for auction timeline

08 Jan | Steel News

Mexican steelmakers welcome tariff reform on steel imports from non-FTA countries

16 Dec | Steel News

Mexico approves new tariff hikes against China

12 Dec | Steel News

AHMSA asset sale could begin as early as January 2026

28 Nov | Steel News

AHMSA bankruptcy leaves Mexico’s steel sector in limbo

20 Nov | Steel News

Mexican rebar prices lean higher as supply remains limited; wire rod pricing slips

10 Nov | Longs and Billet

Net profit declines sharply at Simec

07 Nov | Steel News

Tenaris to supply line pipes for Mexico’s Trion deepwater project

27 Oct | Steel News

Mexican rebar prices trend higher amid reports of local scrap price hikes, wire rod stable

17 Oct | Longs and Billet