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Survey: Mexican consumer sentiment during the coronavirus crisis

Optimism in Mexico’s economic recovery has increased above levels seen in previous months, even as a majority of consumers see a decline in income and spending.

Mexican consumers continue to look for ways to save money, with value and availability being the key drivers for consumers to try new channels and brands. As the homebody economy continues to grow, consumers continue to refrain from engaging in out-of-home activities, except for work and for groceries, prioritizing stores that have sanitization practices and physical distance guidelines. More Mexicans are waiting for milestones beyond the lifting of government restrictions before returning to out-of-home activities.

These exhibits are based on survey data collected in Mexico from August 7–17, 2020. Check back for regular updates on Mexican consumer sentiments, behaviors, income, spending, and expectations.

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