The IHS Markit Mexico Manufacturing PMI decreased to 50.7 in October of 2018 from 51.7 in the previous month. Output advanced at a softer pace mainly due to machinery repairs and sufficient stock levels at some plants. Additionally, new orders and exports sales slowed. Also, job creation rose at the softest pace in one year, as some firms did not replace voluntary leavers and retirees. On the price front, input price inflation eased to a 13-month low, as successful negotiations offset the impact of the currency depreciation against the dollar, low stock levels and higher tariffs. Output cost inflation went up at the weakest pace in 48 months. Looking ahead, business confidence dropped to a 21-month low, driven by raising concerns about economic uncertainty. Manufacturing PMI in Mexico is reported by Markit Economics.

Manufacturing PMI in Mexico is expected to be 51.40 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Mexico to stand at 52.40 in 12 months time. In the long-term, the Mexico Manufacturing PMI is projected to trend around 50.80 in 2020, according to our econometric models.

Mexico Manufacturing PMI
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Mexico Business Last Previous Highest Lowest Unit
Business Confidence 50.70 50.80 58.10 33.70 Index Points [+]
Manufacturing PMI 50.70 51.70 57.10 49.20 [+]
Industrial Production 1.80 0.30 23.82 -17.50 percent [+]
Industrial Production Mom 1.00 -0.50 8.40 -7.90 percent [+]
Manufacturing Production 2.40 2.20 18.26 -17.74 percent [+]
Capacity Utilization 81.00 82.50 82.50 74.10 percent [+]
Changes in Inventories 109974.00 175926.00 279851.00 49273.00 MXN Million [+]
Total Vehicle Sales 70906.00 75908.00 127604.00 6318.00 [+]
Car Production 363.47 320.07 381.99 35.61 Thousand Units [+]
Car Registrations 70906.00 75908.00 127604.00 6318.00 [+]
Leading Economic Index 1.70 3.30 12.60 -9.80 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Private Investment -2.40 5.00 33.10 -41.90 percent [+]
Mining Production 2.87 -3.78 45.30 -25.22 percent [+]
Steel Production 1600.00 1750.00 1830.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Corruption Index 29.00 30.00 37.00 26.60 Points [+]
Corruption Rank 135.00 123.00 135.00 32.00 [+]


Mexico Manufacturing PMI

The Markit Mexico Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 manufacturing companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Mexico Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
50.70 51.70 57.10 49.20 2012 - 2018 Monthly
SA




Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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