Mexico Consumer Confidence Rises Further In January

2/06/2011

(RTTNews) - Confidence among Mexican consumers improved for a second straight month in January, results of a joint survey conducted by the national statistical agency INEGI and Bank of Mexico showed Friday.
The consumer confidence index climbed to 92.3 in January from 91.2 in December. Economists had forecast the index to score 91.5.
The score was 12.4% higher than the level recorded a year ago, when the index scored 82.1. Households assessment of the current personal financial situation compared to 12 months ago improved sharply during the month.
However, their one-year ahead expectations about the personal as well as the general economic conditions weakened considerably.