Economic activity in Mexico rose 7.1 percent from a year earlier in July of 2021, following a 13.3 percent increase in the previous month and less than an expected 8.5 percent growth. It was the smallest output growth in four months . Secondary activities grew 7.3 percent (from 13.5 percent in June), and services went up 7.4 percent (from 13.5 percent). Meanwhile, primary activities fell 0.7 percent (from 7.4 percent). On a seasonally adjusted basis, economic activity advanced 0.5 percent, after a downwardly revised decline of 1.1 percent rise in the previous month. source: Instituto Nacional de Estadistica, Geografia e Informatica, Mexico
Leading Economic Index in Mexico averaged 2.09 percent from 1994 until 2021, reaching an all time high of 25.10 percent in May of 2021 and a record low of -22.50 percent in May of 2020. This page provides the latest reported value for - Mexico Overall Index of Economic Activity - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Overall Index of Economic Activity - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Leading Economic Index in Mexico is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Overall Index of Economic Activity is projected to trend around 1.60 percent in 2022 and 2.00 percent in 2023, according to our econometric models.