Sheinbaum's popularity has reached a new low. After reaching a high of 66% in April 2025, her approval rating has now slipped below the 50% mark for the first time.
A Steady Decline in Support
The drop comes as Mexicans feel the pinch from rising prices. The poll by LatAm Pulse and AtlasIntel surveyed 3,535 adults and has a margin of error of plus or minus 2 percentage points. Nearly half of respondents described the country's economic situation as bad.
Just 39% of respondents gave Sheinbaum's government an excellent or good rating, a record low in this poll. Meanwhile, 33% described the administration as bad or very bad.
This change highlights that everyday expenses are now a major factor influencing opinions of Sheinbaum's two-year-old administration, in a nation where cartel violence was previously the dominant concern. Since February, anxiety over rising prices has increased by 26 percentage points, triggered by US and Israeli airstrikes on Iran that drove up oil and other commodity costs. Roughly 43% of those surveyed intend to reduce purchases of durable goods.
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Top Concerns Shift
Corruption remains the number one worry for Mexicans, with 52% calling it the biggest issue. But high prices and inflation have surged into second place. In the June poll, 37% cited it as the top issue, overtaking crime - something not seen in almost a year.
The 26-percentage-point jump since February shows how quickly the cost of living has become a household stress. The overall economic outlook stays grim: about half of respondents rated Mexico's current economic conditions as bad, and a comparable proportion said the labor market is poor. Assessments of personal household finances were somewhat more optimistic.
USMCA Future in Doubt
On trade, Mexicans are largely united. About seven in 10 respondents said it was at least somewhat likely that the three countries would agree to extend the accord. However, opinions are split on who benefits most.
Only about 16% said Mexico would gain the most from the trade deal's review. Earlier this week, the United States refused to support a long-term renewal, instead choosing annual reviews that maintain the agreement but extend instability. Sheinbaum's administration did not respond when asked about the poll results.
The next USMCA review cycle will test whether the three countries can find common ground. If inflation stays high and approval keeps falling, Sheinbaum may need to adjust her economic policies to regain trust.
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