Markets Actual Q4/26 Q1/27 Q2/27 Q3/27
Stock Market (points) 69635.56 67293 65056 63202 61403
Currency 18.64 18.38 18.23 18.09 17.96
Government Bond 10Y (%) 9.32 9.23 9.13 9.04 8.96

Overview Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 1.40 0.3 0.4 0.6 0.7
GDP Annual Growth Rate (%) 2.10 1.2 1 1.6 1.9
Unemployment Rate (%) 3.00 2.9 3.1 3 3
Inflation Rate (%) 3.45 3.5 3.4 3.3 3.2
Inflation Rate MoM (%) 0.42 0.2 0.3 0.2 0.1
Interest Rate (%) 6.50 6.5 6.5 6.5 6.5
Balance of Trade (USD Million) 605.00 1450 -4725 -3850 -1300
Current Account (USD Million) 8927.00 -1000 -500 900 750
Business Confidence (points) 48.00 49.9 50.5 52 54
Manufacturing PMI (points) 50.30 50.4 51.6 52 52.5
Consumer Confidence (points) 45.10 45 48.2 49 49.7
Retail Sales MoM (%) 1.20 0.7 0.3 0.5 0.4
Current Account to GDP (% of GDP) -0.40 -1.6
Government Debt to GDP (% of GDP) 45.40 46
Government Budget (% of GDP) -3.90 -4.1

GDP Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 1.40 0.3 0.4 0.6 0.7
GDP Annual Growth Rate (%) 2.10 1.2 1 1.6 1.9
GDP Constant Prices (MXN Million) 25971192.58 26002820 25862517 26386732 26464645
Gross Fixed Capital Formation (MXN Million) 5982841.99 5857776 5792761 6078567 6096516
GDP Aggregate Demand YoY (%) 5.80 1.9 1.5 3.1 4.8
Monthly GDP YoY (%) 3.40 1.1 0.9 1.8 1.9
Monthly GDP MoM (%) 0.80 0.6 0.9 1.1 1.3
GDP Aggregate Demand QoQ (%) 1.70 0.9 1.2 1.3 1.4
GDP from Utilities (MXN Million) 305373.00 314848 280018 310259 311175
GDP from Services (MXN Million) 15724758.00 15642338 15668863 15976354 16023528
GDP from Manufacturing (MXN Million) 5231100.00 5163750 5133098 5314798 5330491
GDP from Transport (MXN Million) 1975061.00 1944043 1876102 2006662 2012587
GDP from Mining (MXN Million) 850337.00 870166 848934 863942 866493
GDP from Public Administration (MXN Million) 875055.20 896840 856766 889056 891681
GDP from Agriculture (MXN Million) 898248.90 1005902 796379 912621 915316
GDP from Construction (MXN Million) 1591877.00 1612687 1446354 1617347 1622123
GDP (USD Billion) 1832.64 1856
GDP per Capita (USD) 10256.69 10390
GDP per Capita PPP (USD) 21911.93 22197
Full Year GDP Growth (%) 0.60 1.3

Labour Actual Q4/26 Q1/27 Q2/27 Q3/27
Unemployment Rate (%) 3.00 2.9 3.1 3 3
Productivity (points) 100.50 101 101 100 99
Wages (MXN/Day) 665.99 667 669 671 671
Minimum Wages (MXN/Day) 315.04 315 345 345 345
Wages in Manufacturing (USD/Hour) 4.90 6.2 5.3 5 5.4
Population (Million) 131.95 132

Prices Actual Q4/26 Q1/27 Q2/27 Q3/27
Inflation Rate (%) 3.45 3.5 3.4 3.3 3.2
Inflation Rate MoM (%) 0.42 0.2 0.3 0.2 0.1
Consumer Price Index CPI (points) 146.08 148 150 150 151
Core Inflation Rate (%) 3.75 3.7 3.5 3.4 3.3
Core Consumer Prices (points) 146.52 148 150 151 151
GDP Deflator (points) 143.60 144 147 148 148
Producer Prices (points) 136.78 139 141 141 142
Core Inflation Rate MoM (%) 0.20 0.1 0.4 0.3 0.2
Food Inflation (%) 2.55 2.7 2.5 2.7 3.5
Producer Prices Change (%) 4.05 4.4 3.6 4 3.8
CPI Transportation (points) 136.43 137 137 137 138
CPI Housing Utilities (points) 127.36 131 133 131 131

Money Actual Q4/26 Q1/27 Q2/27 Q3/27
Interest Rate (%) 6.50 6.5 6.5 6.5 6.5
Interbank Rate (%) 6.77 6.77 6.77 6.77 6.77
Foreign Exchange Reserves (USD Million) 255945.60 252000 253900 255000 254000
Loans to Private Sector (MXN Thousand) 4040752221.00 3919824132 3956395265 4034026647 4117526513

Trade Actual Q4/26 Q1/27 Q2/27 Q3/27
Balance of Trade (USD Million) 605.00 1450 -4725 -3850 -1300
Current Account (USD Million) 8927.00 -1000 -500 900 750
Imports (USD Million) 77405.10 78500 76200 75100 74200
Exports (USD Million) 78010.45 79950 71475 71250 72900
Tourism Revenues (USD Thousand) 2409191.79 4280000 3159000 3400000 2200000
Tourist Arrivals (Thousand) 3768.78 4130 3150 2810 2900
Crude Oil Production (BBL/D/1K) 1756.00 1750 1755 1760 1780
Auto Exports (Thousand Units) 277.37 300 280 270 290
Current Account to GDP (% of GDP) -0.40 -1.6

Business Actual Q4/26 Q1/27 Q2/27 Q3/27
Business Confidence (points) 48.00 49.9 50.5 52 54
Manufacturing PMI (points) 50.30 50.4 51.6 52 52.5
Industrial Production (%) 3.50 -0.4 0.5 1.3 1.6
Industrial Production Mom (%) 0.69 0.3 0.4 1.1 0.7
Manufacturing Production (%) 3.20 -2 0.9 1.7 2.1
Car Production (Thousand Units) 301.80 340 330 310 320
Private Investment (%) 1.30 0.8 0.5 1.4 1.6

Consumer Actual Q4/26 Q1/27 Q2/27 Q3/27
Consumer Confidence (points) 45.10 45 48.2 49 49.7
Retail Sales MoM (%) 1.20 0.7 0.3 0.5 0.4
Retail Sales YoY (%) 3.30 1.2 2 2.8 2.5
Consumer Spending (MXN Million) 18535181.70 18735845 18559929 18831745 18887350
Consumer Credit (MXN Million) 2459936.60 2392754 2415163 2499296 2506675
Gasoline Prices (USD/Liter) 1.32 1.37 1.44 1.5 1.57

Government Actual Q4/26 Q1/27 Q2/27 Q3/27
Government Debt to GDP (% of GDP) 45.40 46
Government Budget (% of GDP) -3.90 -4.1