Mexican GDP Revised Higher

2026-05-22 12:06 By Andre Joaquim 1 min. read

The Mexican GDP contracted by 0.6% from the previous quarter in the first quarter of 2026, trimming te 0.9% expansion from the final quarter of last year.

The result was revised from the preliminary estimate of a 0.8% contraction, but maintained the undershot of market expectations of a 0.5% contraction.

The pressure in the GDP was in line with projections by the Bank of Mexico, that resumed their interest rate cutting cycle despite the aggressive rebound in inflation from March.

Output contracted 1.7% for primary activities despite the surge in silver and energy prices.

Meanwhile, production fell 1.0% for the secondary sector as manufacturers continued to adjust to tariffs from the US, cutting a key source of demand for auto producers.

In turn, services output fell by 0.4%.

The GDP inched higher by 0.2% from the previous year.



News Stream
Mexican GDP Revised Higher
The Mexican GDP contracted by 0.6% from the previous quarter in the first quarter of 2026, trimming te 0.9% expansion from the final quarter of last year. The result was revised from the preliminary estimate of a 0.8% contraction, but maintained the undershot of market expectations of a 0.5% contraction. The pressure in the GDP was in line with projections by the Bank of Mexico, that resumed their interest rate cutting cycle despite the aggressive rebound in inflation from March. Output contracted 1.7% for primary activities despite the surge in silver and energy prices. Meanwhile, production fell 1.0% for the secondary sector as manufacturers continued to adjust to tariffs from the US, cutting a key source of demand for auto producers. In turn, services output fell by 0.4%. The GDP inched higher by 0.2% from the previous year.
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