Consumer food spendings changes Mexico 2022
In early 2023, respondents from Mexico were asked whether they had cut their spending in the past 12 months and where they had traded down and up. Around 30 percent of respondents reported cutting down in commoditized products such as rice and bottled water, as well as other packaged goods. Trade ups happened more often among alcohol products where taste may also contribute to purchase choice, such as spirits and wine.
