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Mexico Business Confidence

Mexico business confidence increased by 0.6% to 49.7 points in September 2025, reaching its highest level since March 2025. This rise follows the 49.4 points recorded in August 2025. The improvement is attributed to the strong performance of Mexico's export sector which has shown resilience in a volatile global trade environment. Mexico's record low business confidence was 34.4 points in May 2020 and record high was 54.4 points in December 2023.

Monthly Historical Data (2015-2025)

(in points)
Month Business Confidence (points)
Sep 2025 49.7
Aug 2025 49.4
Jul 2025 49.4
Jun 2025 49.2
May 2025 49.4
Apr 2025 48.3
Mar 2025 49.8
Feb 2025 50.3
Jan 2025 51.6
Dec 2024 51.2
Nov 2024 51.9
Oct 2024 52.1
Sep 2024 51.9
Aug 2024 53.1
Jul 2024 53
Jun 2024 53.1
May 2024 53.8
Apr 2024 54.1
Mar 2024 54.3
Feb 2024 54.2
Jan 2024 54.3
Dec 2023 54.4
Nov 2023 54
Oct 2023 54
Sep 2023 53.9
Aug 2023 53.6
Jul 2023 53.7
Jun 2023 53.5
May 2023 53.3
Apr 2023 53
Mar 2023 53.2
Feb 2023 53.2
Jan 2023 51.2
Dec 2022 50.5
Nov 2022 50.3
Oct 2022 50.8
Sep 2022 51
Aug 2022 51.8
Jul 2022 51.2
Jun 2022 52.1
May 2022 52.3
Apr 2022 52.2
Mar 2022 51.6
Feb 2022 52.6
Jan 2022 51.2
Dec 2021 52.9
Nov 2021 53
Oct 2021 52.1
Sep 2021 51.6
Aug 2021 51.4
Jul 2021 51.8
Jun 2021 51.4
May 2021 49.7
Apr 2021 48.3
Mar 2021 45.8
Feb 2021 44.3
Jan 2021 43.7
Dec 2020 43.2
Nov 2020 42.4
Oct 2020 41.7
Sep 2020 40.9
Aug 2020 39.3
Jul 2020 38.8
Jun 2020 37.3
May 2020 34.4
Apr 2020 36.3
Mar 2020 44.1
Feb 2020 47.5
Jan 2020 48.4
Dec 2019 49.4
Nov 2019 49.9
Oct 2019 50.2
Sep 2019 50.7
Aug 2019 50.9
Jul 2019 50.3
Jun 2019 51.8
May 2019 53.3
Apr 2019 53.1
Mar 2019 53.3
Feb 2019 53.2
Jan 2019 53
Dec 2018 51.4
Nov 2018 51.4
Oct 2018 52.2
Sep 2018 52.5
Aug 2018 53.7
Jul 2018 52.5
Jun 2018 50
May 2018 51.1
Apr 2018 51.8
Mar 2018 51.6
Feb 2018 50.9
Jan 2018 50.4
Dec 2017 50.7
Nov 2017 50.8
Oct 2017 50.3
Sep 2017 50.6
Aug 2017 50.8
Jul 2017 50.7
Jun 2017 49.8
May 2017 49.1
Apr 2017 48
Mar 2017 46.9
Feb 2017 43.5
Jan 2017 44.1
Dec 2016 48.4
Nov 2016 48.3
Oct 2016 49
Sep 2016 49.5
Aug 2016 49.9
Jul 2016 49.5
Jun 2016 50.2
May 2016 50.1
Apr 2016 50
Mar 2016 48.3
Feb 2016 48.3
Jan 2016 49.7
Dec 2015 51.1
Nov 2015 51.2
Oct 2015 50.6
Sep 2015 48.8

Recent Events

datetime event actual previous consensus
2025-10-01 08:00 AM Business Confidence (Sep) 49.7 49.4 -
2025-09-01 08:00 AM Business Confidence (Aug) 49.4 49.4 -

Next Release Date :

Mexico Business Confidence : Definition
Mexico business confidence gauges sentiment among Mexican firms about the economy. Calculated by INEGI from surveys on sales, production and investment expectations. An index value above 50 suggests optimism, below 50 suggests pessimism. It reflects the overall economic outlook from the business perspective.
Indicator Last Value Prior Value Period
Manufacturing PMI 49.6 points 50.2 points Sep'25