Mexico Business Confidence Dips 0.2 Points in October, Extending 20 Months Below Pessimism Threshold

Mexico business confidence October 2026: Mexico business confidence: Business confidence in Mexico fell 0.2 points in October to 48.2, according to INEGI data, marking 20 consecutive months below the 50-point threshold and 29 consecutive annual declines, with services and commerce weakening.

Mexico business confidence October 2026, Digi Mart USA News (Mexico): Business confidence in Mexico decreased 0.2 points during October compared with the previous month, settling at 48.2 points on a seasonally adjusted basis. The reading reflects caution about the country’s current and future economic situation, according to data from the National Institute of Statistics and Geography (INEGI).

With this result, the Global Business Opinion Confidence Indicator (IGOEC) has now remained below the 50-point threshold for 20 consecutive months. Compared with October 2025, business confidence fell 0.3 points, extending a run of 29 consecutive annual declines.

By sector, private non-financial services recorded the weakest monthly performance, while manufacturing showed the highest confidence among the four sectors that make up the IGOEC. The indicators are based on the Monthly Business Opinion Survey (EMOE) and reflect the views of executives in manufacturing, construction, commerce and private non-financial services about the economic situation of the country and their own companies.

The confidence indicator for private non-financial services fell 0.4 points in October to 48.0 points, remaining below the 50-point threshold for 13 consecutive months. In this sector, the current economic situation of the company posted the largest monthly gain, at 2.2 points.

The component measuring whether it is an appropriate time to invest recorded the largest decline, down 5.1 points from September.

In the commerce sector, business confidence decreased 0.3 points in October from the previous month to 48.5 points, marking 20 consecutive months below 50 points. The perception of the company’s current economic situation rose 0.6 points, while expectations for the company’s future economic situation posted the largest drop, falling 1.7 points.

The confidence indicator for manufacturing industries rose 0.3 points in October from September to 48.4 points, remaining below 50 points for 19 consecutive months. Among its five components, the perception of the company’s current economic situation recorded the largest monthly gain, at 1.1 points, while the appropriate time to invest fell 0.4 points.

In construction, the indicator rose 0.4 points from September to 48.1 points, marking 26 consecutive months below the 50-point threshold. The perception of the company’s current economic situation showed the largest increase, at 2.2 points.

In contrast, expectations for the country’s future economic situation fell 1.1 points during the period.

Felix Reeves

Felix Reeves is the Digital Motoring Editor at USA News after joining in July 2023. He previously worked as a Motoring News Reporter at the Express.

If you have a story you want to share, email felix.reeves@icifmede.com or motoring@icifmede.com

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