Business · Economy · 1 hr ago

Mexican shoppers plan cautious spending during El Buen Fin

Mexican shoppers plan cautious spending during El Buen Fin

Mexico’s El Buen Fin discount campaign runs from November 13 to 17.

Shoppers are approaching it cautiously after months of adjusting household budgets as prices rose.

In a Research Land study, 84% said groceries cost more than a year ago, and 86% said they had changed their spending habits.

Some are buying smaller amounts, switching to cheaper brands or dropping certain items.

Although 83% plan to take part, 52% expect to spend less during the campaign.

The average planned budget is 10,000 pesos, almost unchanged from 2025, with electronics and technology among the most popular categories.

Retailers expect intense competition, while one department-store executive said demand may remain weak in the coming months.

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What people are saying

Pablo LevyResearch Land director general
Consumers are arriving at El Buen Fin after several months of adjusting their budgets. This does not mean they have given up buying, but that they are concentrating their resources on specific purchases.
via El Economista MX
Francisco OlivaresEY Mexico markets leader partner
In a scenario where the overall budget is not expanding and financing dictates the rules of the game, offering payment options that match consumers’ means and an integrated shopping experience across physical and digital channels will be key to connecting with a buyer who is increasingly demanding and careful with spending.
via El Economista MX
Gonzalo GallegosEl Puerto de Liverpool finance and administration director
We have observed that consumer confidence has remained relatively stable, but we expect demand to remain weak over the coming months.
via El Economista MX