Approximately five to six of every ten Mexicans decreased their level of spending in the months after the beginning of the COVID-19 lockdown, in comparison to their average spending, according to a series of surveys carried out between May, 2020, and March, 2021. In contrast, approximately four out of every ten consumers reduced their spending by the beginning of 2021.
On February 29, 2020 the first two cases of coronavirus (COVID-19) in Mexico were reported. As a result of the outbreak, the government installed a federal lockdown mandate known as 'Jornada de sana distancia', which was in place between March 23 and May 20, 2020.
Share of consumers changing their household spending during and after the COVID-19 lockdown in Mexico from May, 2020 to March, 2021
* A series of surveys took place in 2020 from May 1 to 11, from May 20 to 31, from July 3 to 12, from August 7 to 17, from September 21 to 28, and from November 9 to 17. In 2021, a survey was carried out from February 20 to March 2.
The size of the sample slightly varies from one survey to the other. The count given corresponds to that of the last survey.
The question was phrased by the source as follows:
"How has the COVID-19 situation affected your (family's) overall available income, spending, and savings in the last two weeks?"
Figures may not add up to 100% because of rounding.
Values corresponding to the answers 'income and savings' are not included on this statistic.
The federal lockdown mandate in Mexico, known as 'Jornada de sana distancia', took place between March 23 and May 30, 2020.
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McKinsey & Company. (May 13, 2021). Share of consumers changing their household spending during and after the COVID-19 lockdown in Mexico from May, 2020 to March, 2021 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1135119/covid19-impact-average-household-spending-mexico/
McKinsey & Company. "Share of consumers changing their household spending during and after the COVID-19 lockdown in Mexico from May, 2020 to March, 2021." Chart. May 13, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1135119/covid19-impact-average-household-spending-mexico/
McKinsey & Company. (2021). Share of consumers changing their household spending during and after the COVID-19 lockdown in Mexico from May, 2020 to March, 2021. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1135119/covid19-impact-average-household-spending-mexico/
McKinsey & Company. "Share of Consumers Changing Their Household Spending during and after The Covid-19 Lockdown in Mexico from May, 2020 to March, 2021." Statista, Statista Inc., 13 May 2021, https://www.statista.com/statistics/1135119/covid19-impact-average-household-spending-mexico/
McKinsey & Company, Share of consumers changing their household spending during and after the COVID-19 lockdown in Mexico from May, 2020 to March, 2021 Statista, https://www.statista.com/statistics/1135119/covid19-impact-average-household-spending-mexico/ (last visited December 21, 2024)
Share of consumers changing their household spending during and after the COVID-19 lockdown in Mexico from May, 2020 to March, 2021 [Graph], McKinsey & Company, May 13, 2021. [Online]. Available: https://www.statista.com/statistics/1135119/covid19-impact-average-household-spending-mexico/
