Mexico Business Confidence

Business Confidence in Mexico increased to 54.75 in March of 2014 from 52.52 in February of 2014. Business Confidence in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI). Business Confidence in Mexico averaged 51.86 from 2004 until 2014, reaching an all time high of 62.30 in March of 2006 and a record low of 41.20 in December of 2008. In Mexico, the Monthly Survey of Business Opinion (EMOE) measures the expectations of business executives regarding production, capacity utilization, employment and inventories, in the short, medium and long run. The survey also trials the expectations concerning the general economic environment and how it may affect business activity. The EMOE has a national coverage and it is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism. This page provides - Mexico Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
54.75 52.52 62.30 41.20 52.99 | 2014/04 2004 - 2014 Monthly


Mexico Business Confidence

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-08 02:00 PM Mexico
Business Confidence
Dec 2013 52.21 52.78 (R) 52.96
2014-02-05 02:00 PM Mexico
Business Confidence
Jan 2014 54.46 52.35 (R) 52.56
2014-03-05 02:00 PM Mexico
Business Confidence
Feb 2014 52.52 53.99 (R) 51.89
2014-04-02 03:00 PM Mexico
Business Confidence
Mar 2014 54.75 52.52 53.17
2014-05-06 03:00 PM Mexico
Business Confidence
Apr 2014 54.75 52.99
2014-06-04 03:00 PM Mexico
Business Confidence
May 2014 53.42

Business Last Previous Highest Lowest Forecast Unit
Business Confidence 54.75 2014-03-31 52.52 62.30 41.20 52.99 2014-04-30 [+]
Capacity Utilization 79.30 2014-01-15 77.40 81.30 74.40 77.54 2014-02-28 Percent [+]
Car Registrations 51816.00 2014-02-15 55905.00 99307.00 6318.00 55549.18 2014-02-28 Cars [+]
Changes in Inventories 112069.00 2013-11-15 80892.00 333197.00 -122914.00 159720.08 2014-03-31 MXN Million [+]
Industrial Production Mom 0.30 2014-02-28 0.51 7.08 -6.05 0.16 2014-03-31 Percent [+]
Manufacturing Pmi 51.70 2014-03-31 52.00 57.10 49.70 51.84 2014-04-30 [+]
Manufacturing Production 2.30 2014-02-15 2.98 17.69 -16.17 2.46 2014-03-31 Percent [+]
Industrial Production 0.70 2014-02-28 0.70 20.30 -14.82 0.80 2014-03-31 Percent [+]

Business Confidence | Notes
The Business Confidence Index is an indicator designed to measure the degree of optimism on the state of the economy that business owners are expressing through their activities of investing and spending. Decreasing business confidence often implies slowing economic growth because business owners are likely to decrease their investment. The idea is that the more confident business owners and managers feel about the economy, their companies, their jobs and incomes, the more likely they are to make investments and purchases.


Mexico Inflation Rate Decelerates in March  
Mexican annual consumer prices slowed for the second straight month to 3.76 percent in March of 2014, down from 4.23 percent in February. The inflation is now below the central bank’s 4 percent limit.
Mexico Trade Balance Returns to Surplus  
In February of 2014, Mexico posted a USD 976 million trade surplus, after recording in January the highest deficit on record. The figure compares with a USD 80 million surplus in the same month last year.
Mexico Unemployment Rate Falls in February  
Mexican jobless rate decreased to 4.65 percent in February of 2014 from 5.05 percent in January. A year ago, the unemployment rate was recorded at 4.85 percent.
Mexico Leaves Monetary Policy on Hold  
At its March 21st, 2014 meeting, Bank of Mexico left the overnight interbank rate steady at 3.5 percent for the third straight meeting, as it considers that the current policy stance remains appropriate to reach the 3 percent inflation target.
Mexico Inflation Rate Slows in February  
Mexican consumer prices rose by an annual 4.23 percent in February, down from 4.48 percent in January, as the effects of new taxes eased. A year earlier, the inflation was recorded at 3.55 percent.
Mexico Posts Record Trade Deficit in January  
In January of 2014, Mexican trade balance posted a USD 3.195 billion deficit, the highest trade deficit on record and mainly due to a fall in oil exports.
Mexico Unemployment Rate Rises in January  
In January of 2014, Mexican jobless rate edged up to 5.05 percent, after falling in December last year to a 5-year low at 4.25 percent.
Mexican Economy Slows in Q4  
Mexico’s GDP growth slowed in the last quarter of 2013 hurt by a drop in industrial production. The economy advanced a meager 0.2 percent on a quarter-on-quarter seasonally adjusted basis, down from a revised 0.95 percent growth rate in the previous three-month period.
Mexico GDP Growth Disappoints in Q4  
In the last three months of 2013, Mexican economy slowed for the second straight quarter expanding only 0.7 percent over a year earlier, hurt by lower production in agriculture and mining.
Mexico Annual Inflation Rate Hits 7-month High in January  
Mexican consumer prices rose 4.48 percent in the year through January up from 4 percent reported in December. During the month prices increased 0.89 percent.


Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.

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