Construction and Public Policy

MEXICO - Report 09 Jul 2013 by Mauricio González, Ernesto Cervera and Carlos Noriega
Executive Summary Last week officials released readings of how consumers and producers perceive the performance of the economy and of how their respective finances or businesses are evolving. The Consumer Confidence Index for June recorded a 2.4% softening of sentiment compared to the same month a year earlier, double the 1.2% decrease of the previous month and the lowest reading since December 2009, as every index component moved lower for the month. The setback in the headline sentiment index reflected the extent to which families feel that the economy and their finances have weakened ove...

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