The S&P Global Mexico Manufacturing PMI fell to 48.5 in July of 2022 from 52.2 in June, pointing to a renewed contraction in the country's factory activity after two consecutive months of growth. Both new orders and output declined, weighed down by strong inflationary pressures and lingering supply-chain disruptions. Subsequently, firms cut their workforce numbers and reduced purchasing activity. On the price front, both input inflation and output charge inflation remained historically high. Finally, business sentiment decreased to the lowest in six months and remained well below the long-term average. source: Markit Economics
Manufacturing PMI in Mexico averaged 50.56 points from 2012 until 2022, reaching an all time high of 57.10 points in December of 2012 and a record low of 35 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Manufacturing PMI in Mexico is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Manufacturing PMI is projected to trend around 51.00 points in 2023, according to our econometric models.