Mexico Business Confidence Improves With Peso and Easing Covid Restrictions

Mexican business confidence improved to its best level in seven months in October. Confidence grew as the peso improved, easing of coronavirus lockdown restrictions and ahead of the US Presidential elections, Mexico’s largest trading partner. Seasonally adjusted manufacturing confidence index in Mexico rose to 41.5 in October of 2020 from an upwardly revised 40.7 in September. It was the highest reading in seven months. Data Breakdown Sentiment improved regarding the country’s situation to 32.6 vs 32.3 in September Company’s situation … Continue reading “Mexico Business Confidence Improves With Peso and Easing Covid Restrictions”