FX.co ★ Mexico’s Private Spending Growth Cools to 2.2% in Q1 2026

Mexico’s private spending growth eased in the first quarter of 2026, slowing to 2.20% year-over-year from 4.00% in the fourth quarter of 2025, according to data updated on 18 June 2026. The figures are based on annual comparisons, measuring each quarter’s change against the same period a year earlier.

The deceleration suggests a moderation in consumer and private sector demand at the start of 2026, following a stronger finish to 2025. With the pace of growth nearly halved, the latest reading may signal a more cautious spending environment, which could have implications for Mexico’s broader economic momentum in the coming quarters.