Markets Actual Q4 Q1 Q2 Q3 2020
Currency 20.22 18.99 19.18 19.37 19.57 20.37
Stock Market (points) 41465.95 49315 48827 48344 47866 45999
Government Bond 10Y (%) 8.98 8.01 8.09 8.16 8.24 8.55
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.80 0.7 0.4 0.6 0.6 0.9
GDP Annual Growth Rate (%) 2.50 2.2 2.3 2.4 2.3 1.4
Unemployment Rate (%) 3.20 3 3.2 3.4 3.6 3.6
Inflation Rate (%) 4.72 4.7 4.5 4.3 4.1 3.1
Inflation Rate Mom (%) 0.85 0.8 0.6 0.4 -0.1 0.3
Interest Rate (%) 8.00 8 8 8 8 8.25
Balance of Trade (USD Million) -2936.00 1000 2000 -400 -800 2000
Current Account (USD Million) -5081.50 -2300 -4800 -3400 -4600 -3700
Current Account to GDP (%) -1.60 -1.3 -1 -1 -1 -0.8
Government Debt to GDP (%) 46.40 46 47 47 47 47
Government Budget (% of GDP) -2.90 -2.7 -2.8 -2.8 -2.8 -2.8
Business Confidence (Index Points) 49.90 49.7 50.3 50.3 50.1 51
Manufacturing PMI 49.70 50 51.2 51.6 52 51.7
Consumer Confidence (Index Points) 99.55 100 101 101 99.8 102
Retail Sales MoM (%) 1.00 0.4 0.6 0.8 1.1 0.7
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.80 0.7 0.4 0.6 0.6 0.9
GDP Annual Growth Rate (%) 2.50 2.2 2.3 2.4 2.3 1.4
GDP (USD Billion) 1149.92 1170 1220 1220 1220 1260
GDP Constant Prices (MXN Million) 18610326.00 18683988 18901453 18900108 19038363 19324475
Gross Fixed Capital Formation (MXN Million) 3808150.84 3810822 3921925 3899546 3895738 3941457
GDP per capita (USD) 9946.16 9780 10000 10000 10000 11500
GDP per capita PPP (USD) 17336.47 17760 18100 18100 17581 18350
GDP From Agriculture (MXN Million) 491385.00 705930 569712 623764 502687 730130
GDP From Construction (MXN Million) 1288945.00 1363489 1326176 1317571 1318591 1410229
GDP From Manufacturing (MXN Million) 2965041.00 2956619 2934681 3033165 3033237 3057972
GDP From Mining (MXN Million) 896682.00 936368 956318 933549 917306 968466
GDP From Public Administration (MXN Million) 686638.84 736794 725143 765559 702432 762051
GDP From Services (MXN Million) 11628126.28 12085193 11581902 12045977 11895573 12499474
GDP From Transport (MXN Million) 1208225.00 1224346 1201057 1247814 1236014 1266316
GDP From Utilities (MXN Million) 294583.00 270404 258147 283522 301358 279673
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 3.20 3 3.2 3.4 3.6 3.6
Labor Force Participation Rate (%) 59.50 59.3 59.3 59.2 59.81 59.7
Wages (MXN/Day) 350.62 356 382 373 368 397
Wages in Manufacturing (USD/Hour) 2.30 3 2.3 2.4 2.4 3
Minimum Wages (MXN/Day) 88.36 88.36 95.45 95.45 95.45 102
Population (Million) 123.52 124 125 125 125 126
Retirement Age Women 65.00 65 65 65 65 65
Retirement Age Men 65.00 65 65 65 65 65
Wages Low Skilled (MXN/Month) 5390.00 5000 5600 5600 5600 5800
Wages High Skilled (MXN/Month) 17200.00 16200 17000 17000 17000 17800
Living Wage Family (MXN/Month) 7900.00 8360 8450 8450 8450 8500
Living Wage Individual (MXN/Month) 4320.00 4500 4600 4600 4600 4149
Employment Rate (%) 96.76 97.7 98 98.2 96.63 98.8
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 4.72 4.7 4.5 4.3 4.1 3.1
Inflation Rate Mom (%) 0.85 0.8 0.6 0.4 -0.1 0.3
Consumer Price Index CPI (Index Points) 102.30 103 104 104 105 110
Core Consumer Prices (Index Points) 101.11 126 125 103 104 127
Core Inflation Rate (%) 3.63 3.5 3.3 3.2 3 2.8
Producer Prices (Index Points) 130.33 131 133 136 135 144
Export Prices (Index Points) 117.31 111 112 110 110 114
Import Prices (Index Points) 234.44 233 233 233 234 234
Producer Prices Change (%) 6.51 6.7 6.3 6 5.7 4.5
Food Inflation (%) 4.70 3.1 3.1 3.2 3.3 3.4
CPI Transportation (Index Points) 102.55 98.16 102 103 106 105
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 8.00 8 8 8 8 8.25
Interbank Rate (%) 8.25 8.12 8.12 8.12 8.12 8.37
Foreign Exchange Reserves (USD Million) 176584.00 176000 178000 178000 177000 185000
Deposit Interest Rate (%) 2.70 2.7 2.7 2.7 2.7 2.95
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (USD Million) -2936.00 1000 2000 -400 -800 2000
Current Account (USD Million) -5081.50 -2300 -4800 -3400 -4600 -3700
Current Account to GDP (%) -1.60 -1.3 -1 -1 -1 -0.8
Imports (USD Million) 44288.19 38000 38500 38500 38000 39000
Exports (USD Million) 41352.22 38500 38000 37500 37200 40000
External Debt (USD Million) 445610.20 442000 438000 440000 444000 445500
Terms of Trade (Index Points) 50.04 47.64 48.07 47.21 47.01 48.72
Foreign Direct Investment (USD Million) 4135.00 6500 6650 6700 6750 6850
Remittances (USD Million ) 8432.03 7900 8200 8250 8350 8400
Tourist Arrivals (Thousand) 1569.15 2500 2100 2000 1400 2500
Capital Flows (USD Million) -17.50 40 -30 -15 -18 -30
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 46.40 46 47 47 47 47
Government Budget (% of GDP) -2.90 -2.7 -2.8 -2.8 -2.8 -2.8
Government Budget Value (MXN Million) 35850.40 -30000 -35000 -120855 57512 -25000
Government Spending (MXN Million) 2196413.00 2217901 2186645 2249127 2246930 2293930
Fiscal Expenditure (MXN Million) 455196.90 700000 380000 540000 360000 440000
Military Expenditure (USD Million) 5532.60 5300 5100 5100 5100 4800
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Social Security Rate (%) 9.23 9.23 9.23 9.23 9.23 9.23
Social Security Rate For Companies (%) 7.58 7.58 7.58 7.58 7.58 7.56
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 49.90 49.7 50.3 50.3 50.1 51
Manufacturing PMI 49.70 50 51.2 51.6 52 51.7
Industrial Production (%) 1.00 -0.3 -2.3 0.6 -1.2 1.4
Industrial Production Mom (%) -1.60 0.2 0.5 0.3 0.14 0.2
Manufacturing Production (%) 2.50 2.2 2 2.1 2.3 2.6
Car Production (Thousand Units) 344.93 350 335 340 335 360
Leading Economic Index (%) 2.10 2.3 2.1 2.2 2.2 2.4
Private Investment (%) -0.90 3.2 3.3 3.1 -2.16 3.1
Mining Production (%) -5.60 -7.3 -7.1 -6.7 -6.8 -8
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) 99.55 100 101 101 99.8 102
Retail Sales MoM (%) 1.00 0.4 0.6 0.8 1.1 0.7
Retail Sales YoY (%) 4.10 3.4 3.6 3.3 3.7 3.2
Consumer Spending (MXN Million) 12318801.00 12914582 12284712 12614452 12602133 13357294
Personal Savings (%) 21.50 21.25 21.2 21.77 21.77 22
Gasoline Prices (USD/Liter) 0.95 0.94 0.93 0.91 0.89 0.83
Housing Actual Q4 Q1 Q2 Q3 2020
Construction Output (%) 1.40 2.5 -1.4 -1.1 -1.83 2.4


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Mexico Consumer Price Index Cpi Tradingeconomics.com Mexico Consumer Price Index Cpi Forecast - was last updated on Thursday, December 13, 2018.