Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Stock Market (points) 70023.39 68256 66102 64225 62398
Currency 17.38 17.19 17.06 16.94 16.82
Government Bond 10Y (%) 9.30 9.21 9.11 9.01 8.92

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.90 0.9 1.2 0.3 -0.2
GDP Annual Growth Rate (%) 1.80 0.5 0.9 1.2 1
Unemployment Rate (%) 2.60 3 2.7 3 2.9
Inflation Rate (%) 4.59 5.1 4.5 3.9 3.8
Inflation Rate MoM (%) 0.86 0.3 0.2 0.5 0.4
Interest Rate (%) 6.75 6.5 6 6.5 6.5
Balance of Trade (USD Million) -463.00 1400 -3000 450 275
Current Account (USD Million) 7702.00 -2500 -3200 1000 500
Business Confidence (points) 47.80 48.9 49.4 49.9 50.5
Manufacturing PMI (points) 48.90 47.8 49.1 50.4 51.6
Consumer Confidence (points) 44.10 41.5 43 45 48.2
Retail Sales MoM (%) 1.00 0.7 1.2 1 0.2
Current Account to GDP (% of GDP) -0.40 -0.2
Government Debt to GDP (% of GDP) 49.70 54
Government Budget (% of GDP) -5.70 -4.1

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.90 0.9 1.2 0.3 -0.2
GDP Annual Growth Rate (%) 1.80 0.5 0.9 1.2 1
GDP Constant Prices (MXN Million) 25726611.61 25616753 25735922 26035331 25983878
Gross Fixed Capital Formation (MXN Million) 5790402.90 5827087 5799744 5859888 5848307
GDP Aggregate Demand QoQ (%) 2.40 0.4 0.3 0.4 0.8
GDP Aggregate Demand YoY (%) 4.50 1 0.8 0.4 1.4
Monthly GDP MoM (%) -0.90 0.3 0.1 0.6 0.9
Monthly GDP YoY (%) -0.30 1.2 1.5 1.1 0.9
GDP from Mining (MXN Million) 859843.00 814844 848806 870161 868441
GDP from Public Administration (MXN Million) 886572.00 843238 841340 897211 895438
GDP from Agriculture (MXN Million) 994262.00 884682 815903 1006193 1004205
GDP from Manufacturing (MXN Million) 5109852.00 5286130 5238229 5171170 5160951
GDP from Construction (MXN Million) 1592660.00 1525450 1469304 1611772 1608587
GDP from Transport (MXN Million) 1911561.00 1974349 1916450 1934500 1930677
GDP from Services (MXN Million) 15851536.00 15435863 15547567 16041754 16010051
GDP from Utilities (MXN Million) 311108.00 307336 334099 314841 314219
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 Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 2.60 3 2.7 3 2.9
Productivity (points) 95.70 100 95 95 98
Wages (MXN/Day) 664.09 666 667 671 673
Minimum Wages (MXN/Day) 315.04 302 302 302 302
Wages in Manufacturing (USD/Hour) 4.80 4.5 4.7 5.2 5.9
Population (Million) 130.86 132

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 4.59 5.1 4.5 3.9 3.8
Inflation Rate MoM (%) 0.86 0.3 0.2 0.5 0.4
Consumer Price Index CPI (points) 145.54 148 148 149 151
Core Inflation Rate (%) 4.45 5.1 5.3 4.9 4.5
Core Consumer Prices (points) 144.54 147 149 149 151
GDP Deflator (points) 139.10 145 145 145 144
Producer Prices (points) 135.91 137 136 138 140
Core Inflation Rate MoM (%) 0.38 0.2 0.25 0.1 0.4
Producer Prices Change (%) 2.46 2.7 2.4 3 2.9
Food Inflation (%) 6.91 3.2 3.6 3.8 3.4
CPI Transportation (points) 134.90 135 136 136 137
CPI Housing Utilities (points) 128.22 129 129 132 133

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 6.75 6.5 6 6.5 6.5
Interbank Rate (%) 7.24 6.99 6.49 6.99 6.99
Foreign Exchange Reserves (USD Million) 257815.20 239804 239741 242000 245900
Loans to Private Sector (MXN Thousand) 3846387160.00 3794989670 3852587011 3919971549 3884851032

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (USD Million) -463.00 1400 -3000 450 275
Current Account (USD Million) 7702.00 -2500 -3200 1000 500
Exports (USD Million) 56851.10 53400 50000 49950 51475
Imports (USD Million) 57313.90 52000 53000 49500 51200
Tourist Arrivals (Thousand) 4287.59 2500 2100 3220 2750
Tourism Revenues (USD Thousand) 3477158.38 2266520 1876449 3280000 3159000
Crude Oil Production (BBL/D/1K) 1730.00 1520 1580 1650 1620
Auto Exports (Thousand Units) 310.21 310 290 300 280
Current Account to GDP (% of GDP) -0.40 -0.2

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Business Confidence (points) 47.80 48.9 49.4 49.9 50.5
Manufacturing PMI (points) 48.90 47.8 49.1 50.4 51.6
Industrial Production Mom (%) 0.40 0.8 0.5 0.3 0.4
Industrial Production (%) -1.30 0.8 1.1 -0.4 0.5
Manufacturing Production (%) -2.30 1.2 -0.8 2 0.9
Car Production (Thousand Units) 343.52 310 300 280 330
Private Investment (%) -1.10 -1.5 -2.6 -1.9 -0.5

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Consumer Confidence (points) 44.10 41.5 43 45 48.2
Retail Sales MoM (%) 1.00 0.7 1.2 1 0.2
Retail Sales YoY (%) 5.00 1.5 1.9 1.5 2
Consumer Spending (MXN Million) 18529109.00 18190199 18505913 18751458 18714400
Consumer Credit (MXN Million) 2343242.30 2208051 2285512 2371361 2366675
Gasoline Prices (USD/Liter) 1.35 1.89 1.62 1.35 1.45

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 49.70 54
Government Budget (% of GDP) -5.70 -4.1