Share of Household Consumption at Current Purchasing Power Parities for Mexico
CSHCCPMXA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
-3.71%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Mexico measures the proportion of a country's overall consumption expenditures that are attributed to household spending. This data point is important for economists and policymakers to assess the health and composition of a nation's economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the share of total consumption expenditures in Mexico that are attributed to household spending, adjusted for differences in purchasing power across countries. It provides insight into the relative importance of consumer demand as a driver of economic activity.
Methodology
The data is calculated by the OECD using national accounts and purchasing power parity data.
Historical Context
Analysts and policymakers use this metric to monitor trends in consumer behavior and gauge the strength of domestic demand within the Mexican economy.
Key Facts
- Mexico's household consumption share averaged 67.7% from 2010-2021.
- Household spending accounts for over two-thirds of Mexico's total consumption.
- The household consumption share has remained relatively stable in Mexico in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of Mexico's total consumption expenditures that are attributed to household spending, adjusted for differences in purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the strength of consumer demand as a driver of economic activity in Mexico, which is important for analysts and policymakers monitoring the health of the Mexican economy.
Q: How is this data collected or calculated?
A: The OECD calculates this metric using national accounts data and purchasing power parity adjustments.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to monitor trends in consumer behavior and gauge the strength of domestic demand within the Mexican economy, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published by the OECD on a regular basis, though there may be some delays in the most recent observations being available.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Mexico (CSHCCPMXA156NRUG), retrieved from FRED.