Business confidence has the first annual increase since the start of the covid

In March, the business confidence indicators of the three sectors measured by the National Institute of Geography and Statistics (Inegi) had positive annual variations for the first time since the beginning of the pandemic.

index of construction sector reached 45.3 points, this is 0.4 points more than the level of March 2020. At the same time, the index of the Manufacturing sector reached 45.2 points (+1.5 points) and the index of the commercial section it amounted to 46.8 points (+1.5 points).

All three indicators came very close to recovering their pre-pandemic levels (February 2020) and spun seven months of continuous monthly improvements.

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