Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Currency 17.61 17.32 17.11 16.99 16.87
Stock Market (points) 68453.24 70804 67606 65778 63992
Government Bond 10Y (%) 8.79 8.7 8.55 8.47 8.38

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 0.90 0.2 0.9 1.2 0.3
GDP Annual Growth Rate (%) 1.80 0.1 0.5 0.9 1.2
Unemployment Rate (%) 2.70 3.1 3 2.7 3
Inflation Rate (%) 3.79 3.2 3.1 3.5 3.9
Inflation Rate MoM (%) 0.38 0.1 0.3 0.2 0.5
Interest Rate (%) 7.00 6.75 6.5 6 6.5
Balance of Trade (USD Million) -6481.00 1880 1400 -3000 450
Current Account (USD Million) 7702.00 -400 -2500 -3200 1000
Manufacturing PMI (points) 47.10 48 47.8 49.1 50.4
Business Confidence (points) 48.10 49.2 48.9 49.4 49.9
Consumer Confidence (points) 44.00 46.9 47.9 47.2 49
Retail Sales MoM (%) -0.10 0.5 0.7 1.2 1
Current Account to GDP (% of GDP) -0.90 -0.2
Government Debt to GDP (% of GDP) 49.70 54
Government Budget (% of GDP) -5.70 -4.1

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 0.90 0.2 0.9 1.2 0.3
GDP Annual Growth Rate (%) 1.80 0.1 0.5 0.9 1.2
GDP Constant Prices (MXN Million) 25726611.61 25385979 25616753 25735922 26035331
Gross Fixed Capital Formation (MXN Million) 5743508.00 5794469 5820466 5795200 5812430
Monthly GDP YoY (%) 3.30 -0.9 1.2 1.5 1.1
GDP Aggregate Demand QoQ (%) 0.70 0.2 0.4 0.3 0.4
Monthly GDP MoM (%) 0.40 0.5 0.3 0.1 0.6
GDP Aggregate Demand YoY (%) 1.10 0.2 1 0.8 0.4
GDP from Transport (MXN Million) 1911561.00 1842888 1974349 1916450 1934500
GDP from Manufacturing (MXN Million) 5109852.00 5192762 5286130 5238229 5171170
GDP from Services (MXN Million) 15851536.00 14963779 15435863 15547567 16041754
GDP from Utilities (MXN Million) 311108.00 278032 307336 334099 314841
GDP from Mining (MXN Million) 859843.00 819199 814844 848806 870161
GDP from Public Administration (MXN Million) 886572.00 826040 843238 841340 897211
GDP from Agriculture (MXN Million) 994262.00 793451 884682 815903 1006193
GDP from Construction (MXN Million) 1592660.00 1442623 1525450 1469304 1611772
GDP (USD Billion) 1852.72 1877
GDP per Capita (USD) 10313.49 10448
GDP per Capita PPP (USD) 22033.27 22320
Full Year GDP Growth (%) 0.60 1.3

Labour Actual Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 2.70 3.1 3 2.7 3
Productivity (points) 91.30 97 100 95 95
Wages (MXN/Day) 662.83 663 665 667 670
Minimum Wages (MXN/Day) 315.04 302 302 302 302
Wages in Manufacturing (USD/Hour) 6.10 4.1 4.5 4.7 5.2
Population (Million) 130.86 132

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) 3.79 3.2 3.1 3.5 3.9
Inflation Rate MoM (%) 0.38 0.1 0.3 0.2 0.5
Consumer Price Index CPI (points) 143.59 144 145 146 149
Core Consumer Prices (points) 143.33 144 145 145 148
Core Inflation Rate (%) 4.52 3.7 3.3 3 3.9
GDP Deflator (points) 138.50 142 142 143 144
Producer Prices (points) 134.32 136 137 136 138
Core Inflation Rate MoM (%) 0.60 0.3 0.2 0.25 0.1
Producer Prices Change (%) 2.12 2.5 2.7 2.4 3
Food Inflation (%) 4.43 3 3.2 3.6 3.8
CPI Transportation (points) 133.45 134 134 134 135
CPI Housing Utilities (points) 127.22 128 126 128 132

Money Actual Q1/26 Q2/26 Q3/26 Q4/26
Interest Rate (%) 7.00 6.75 6.5 6 6.5
Interbank Rate (%) 7.29 7.05 6.8 6.3 6.8
Foreign Exchange Reserves (USD Million) 255605.20 240120 239804 239741 242000
Loans to Private Sector (MXN Thousand) 3859943275.00 3757500546 3794989670 3852587011 3915408047

Trade Actual Q1/26 Q2/26 Q3/26 Q4/26
Balance of Trade (USD Million) -6481.00 1880 1400 -3000 450
Current Account (USD Million) 7702.00 -400 -2500 -3200 1000
Exports (USD Million) 48007.80 54980 53400 50000 49950
Imports (USD Million) 54489.00 53100 52000 53000 49500
Tourist Arrivals (Thousand) 3241.79 2900 2500 2100 3220
Tourism Revenues (USD Thousand) 3771954.93 3140800 2266520 1876449 3280000
Crude Oil Production (BBL/D/1K) 1731.00 1800 1820 1780 1850
Auto Exports (Thousand Units) 227.26 250 310 290 300
Current Account to GDP (% of GDP) -0.90 -0.2

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Manufacturing PMI (points) 47.10 48 47.8 49.1 50.4
Business Confidence (points) 48.10 49.2 48.9 49.4 49.9
Industrial Production Mom (%) 0.20 -0.5 0.8 0.5 0.3
Industrial Production (%) 2.40 0.2 0.8 1.1 -0.4
Manufacturing Production (%) 1.30 -1.5 1.2 -0.8 2
Car Production (Thousand Units) 243.96 320 310 300 280
Private Investment (%) -5.50 -1 -1.5 -2.6 -1.9

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Consumer Confidence (points) 44.00 46.9 47.9 47.2 49
Retail Sales MoM (%) -0.10 0.5 0.7 1.2 1
Retail Sales YoY (%) 4.30 1 1.5 1.9 1.5
Consumer Spending (MXN Million) 18286083.00 17853135 18185287 18450658 18505516
Consumer Credit (MXN Million) 2343242.30 2128439 2208051 2285512 2371361
Gasoline Prices (USD/Liter) 1.35 1.37 1.43 1.47 1.51

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Debt to GDP (% of GDP) 49.70 54
Government Budget (% of GDP) -5.70 -4.1