Asset

Private Spending (YoY)

economic
stockPerformance
Updated: 21 Dec, 12:00 pm UTC
Deviation
-0.09999999999999964%
Consensus
6.1%
Previous
6.5%
Actual
6.4%
21 Dec22 Mar21 June21 Sept21 Dec5.566.577.588.59
Description
Source: Mexico
The Private Spending released by the INEGI is an indicator that measures the total expenditure by individuals. The level of spending can be used as an indicator of consumer optimism. It is also considered as a measure of economic growth: While the private spending stimulates inflationary pressures, it could lead to rise in interest rates. A high reading is positive (or Bullish) for the Mexican Peso.