Overview

• The National Consumer Confidence Indicator fell to 46.5 in September, down 0.2 points from August on seasonally adjusted data.
• Sentiment was 0.5 points lower than a year earlier, marking nine straight annual declines and six monthly drops so far in 2025.
• Perceived ability to buy furniture and appliances posted the steepest fall, dropping 0.8 points in the month.
• Expectations for the country’s economy over the next 12 months fell 0.5 points and views of the current national economy slipped 0.2, while households’ assessment of their own current situation edged up 0.2.
• The report is based on Inegi’s ENCO survey and coincided with an inflation pickup in early September to 3.74% year over year, led by higher education and food costs.