The Jalisco Consumer Confidence Indicator for June 2021 was calculated at 41.23 points, implying a rise of 2.34 points or 6.03%, the highest since May 2020.
The information was obtained through a telephone survey with a simple random sampling of 602 households in the entity, which was carried out from June 1st to June 11th.
Augusto Valencia López, head of the Jalisco Institute of Statistical and Geographical Information, reported that with respect to February 2020, the pre-pandemic reference was -0.61 points, or -1.5%.
Mireya Pasillas Torres, Director of Economic and Financial Statistical Information, explained that, of the five sub-indices, four increased during June compared to May. The first, which compares its current economic situation with that of twelve months ago, went from 36.94 points in May to 39.04 points in June. "This increase indicates that households perceive an improvement in the family economy compared to previous months."
The second sub-index reflects what the people of Jalisco expect in the next twelve months with respect to the reference month, going from 53.58 points in May to 57.97 points in June. “The future outlook for the family economy improves and is optimistic, as it is above the 50-point threshold. The annual variation of this sub-index is positive of 7.27 points or 14.34%,” she stressed.
The third sub-index is calculated from the question about the perception of the situation of the economy in the reference month compared to twelve months ago. This sub-index went from 35.02 points in May to 37.04 in June.
The fourth, which perceives the expected situation of the economy within twelve months of households, went from 54.74 points in May to 58.47 in June, a monthly variation of 3.73 points, or 6.81%.
The last sub-index is calculated from the possibilities of the household to acquire durable goods such as furniture, televisions, washing machines, etc. compared to what they had a year ago. This sub-index went from 14.14 points in May to 13.62 in June, a monthly variation of -0.52 points or -3.69%.
"This result indicates that households still have low possibilities of spending on furniture and appliances, despite the fact that they consider that their family economy is improving."
Regarding the questions related to the economic effects on households due to the pandemic, in particular the loss of employment or household business, in 63.3% of households there were no job losses in the people who support the household; in 7.3% they lost employment but have already recovered it; in 5.5% there were job losses but only some members have recovered their employment, while in 22.3% there were losses in which no one has recovered.
Participants were also asked about the impact on household income due to the pandemic. In 37.4% of households, income did not decrease due to the economic crisis; in 9.3% they decreased, but are already equal to or greater than before the pandemic, while in 49.8% decreased and are still below the income they had before the start of the pandemic.
Regarding the prevention measures to avoid COVID-19 that they carry out, 98.3% refer that they use the mask daily, 96.0% continually wash their hands and use antibacterial gel, and 64.0% mention as a prevention measure that they stay home and only go out for essentials.
52.2% surveyed avoid crowded places such as shopping centers or restaurants, 40.2% do not attend celebrations or meetings, 30.6% keep the house ventilated, and 0.8% report that they do not carry out any measure at all to prevent COVID-19 infections.