Mexico Overall Index of Economic Activity  Forecast


Leading Economic Index in Mexico is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Mexico to stand at 2.29 in 12 months time. In the long-term, the Mexico Overall Index of Economic Activity is projected to trend around 2.10 percent in 2020, according to our econometric models.

Mexico Overall Index of Economic Activity
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Mexico Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 49.08 48 49 50 50.1 53.5
Manufacturing PMI 52.2 51 50.8 51.4 52 51.8
Industrial Production -1.6 -0.2 0.5 1.1 -1.7 1.1
Industrial Production Mom -1 0.1 0.3 0.5 0.25 0.2
Manufacturing Production 2.2 2.37 2.58 2.65 2.63 2.52
Capacity Utilization 81.3 80.99 81.5 81.62 81.37 81.44
Changes in Inventories 45227 48222 59926 50909 52150 50066
Total Vehicle Sales 78966 85548 90000 84726 84753 90000
Car Production 352 300 290 310 315 270
Car Registrations 78966 79000 80000 93000 86000 85000
Leading Economic Index 2.4 1.8 2.1 2.29 2.29 2.1
Competitiveness Index 4.41 4.41 4.41 4.39 4.39 4.43
Competitiveness Rank 51 51 51 50 50 50
Ease of Doing Business 47 48 48 48 48 34
Corruption Index 30 36 36 37 37 38
Corruption Rank 123 93 93 90 90 88
Mining Production -8.65 -5.93 -5.8 -1.9 0.2 1
Private Investment -0.9 0.52 2.05 2.88 3.23 3.26
Steel Production 1725 1662 1668 1672 1670 1670