PREVIEW-Mexico April consumer confidence likely rose

WHAT: Mexico consumer confidence during April

WHEN: Tuesday, May 4, at 9 a.m. (1400 GMT)

REUTERS FORECAST: Median 82.1 April vs 81.8 March. Eleven
clients participated in the survey and the range was between
80.5 and 85.0.

FACTORS TO WATCH: Consumer confidence likely rose in April
but remains well below pre-recession levels as Mexico recovers
from a steep downturn. The economy contracted 6.5 percent in

The country’s export sector has been leading a recovery but
consumers are still keeping their wallets shut amid
persistently high unemployment. Consumer confidence is expected
to rise slowly this year.

Mexico statistics agency website for consumer confidence

All Mexico economic data (ECONALLMX: )

Today’s data (ECONMX: )

Investing Basics

(Reporting by Jean Luis Arce; editing by Leslie Adler)

PREVIEW-Mexico April consumer confidence likely rose