According to the results of the consulting firm's analysis, 55% of those surveyed in Mexico responded that the direction of the country is correct. That percentage has remained the same since January 2024.
Meanwhile, on a global scale the main concern continues to be inflation, for Mexicans, crime and violence continue to be the most worrying (53%), followed by unemployment (35%), poverty (30%), inflation ( 30%) and corruption (25%), reveals the monthly study “Consumer Confidence Index” by Ipsos.
According to the results of this analysis, 55% of those surveyed in Mexico responded that the direction of the Aztec country is correct. That percentage has remained the same since January 2024.
The results of this survey, which is carried out monthly in 29 countries through the Ipsos Online Panel and which in this case used an international sample of 23,761 adults, reveal a complicated panorama on a global scale; However, they state that the confidence of Mexicans in general has increased, and even showed significant increases in some subindexes.
Specifically, in Mexico, the current average is 58.6 points, placing it in third position in the table of 29 nations, only behind India, which registered 72.2 points, and Indonesia with 63.4. The global average of the index is 48.6.
This means that there was a growth of 2.8 points in the confidence of Mexicans compared to the previous month. In addition, it recorded a significant increase in the confidence of some sub-indices.
In the News Subindex, which reflects consumers' global perceptions of the economic climate and their current confidence in purchasing, employment and investment, Mexico had a significant gain of 2.0 points.
Meanwhile, in the Employment Subindex, which reflects perceptions about security and the labor market, it showed a significant gain of 3.0 points.
The firm highlights that the global average in this subindex did not decrease, although some countries recorded significant losses.
After India and Indonesia, both with more than 60 points, nine countries now show a National Index above the 50 point mark:
- Mexico (58.6)
- Brazil (56.8)
- Thailand (55.5)
- Netherlands (55.1)
- Singapore (53.3)
- United States (53.1)
- Sweden (50.9)
- Poland (50.8)
- Australia (50.8)
On the other hand, the results of the survey show the first significant global decline since the incorporation of nine new countries, which are India, Indonesia, Thailand, the Netherlands, Singapore, Colombia, Malaysia, Peru and Chile.
While some economies show signs of recovery, others face notable declines, reflecting a mixed trend in confidence.
For example, for Europeans, sentiment remains mixed, as some countries such as Spain (+3.0 points) and Italy (+2.6 points) have increased significantly this month, while on the contrary, Great Britain (-4, 4 points) and Sweden (-2.7 points) show significant declines.
The analysts who made up this survey report highlight that, compared to last month, consumer confidence has decreased in much of Asia-Pacific: Thailand (-4.9 points), Malaysia (-4.2 points) and South Korea (-2.0 points), although India (+2.8 points) is the only country showing a significant gain in that region.
In contrast, Hungary (35.4) and Turkey (33.8) are the only ones that show a National Index below the 40-point mark.
In that sense, if you compare this study with the one carried out 12 months ago, only three countries show a significant drop in consumer sentiment and they are Malaysia, Israel and Singapore. Additionally, 18 countries show significant increases, most notably India (+15.0) and Poland (+12.6).
The data presented here is based on results from the monthly survey of 29 countries conducted by Ipsos on its Global Advisor online survey platform. The Global Consumer Confidence Index is the average of all the national indices of the countries surveyed and is carried out on more than 21,000 adults.
