Mexico Manufacturing PMI

The IHS Markit Mexico Manufacturing PMI fell to 49.8 in March 2019 from 52.6 in the previous month. The latest reading pointed to a contraction in factory activity, after two consecutive months of expansion, as output fell amid subdued sales, issues in production lines and competition. Also, new orders stagnate ending with a 16-month period of expansion linked with challenging economic conditions and competitive pressures. Additionally, export sales rose at a softer pace; the rate of job creation dropped marginally and inventories went down in both pre and post-production items. On the price front, input price inflation eased for the fourth successive month to a near six year-low, driven by lower cost of aluminium, steel and plastic; and output prices declined for the first time since late 2014. Manufacturing PMI in Mexico is reported by Markit Economics.

Manufacturing PMI in Mexico is expected to be 50.80 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 52.00 in 12 months time. In the long-term, the Mexico Manufacturing PMI is projected to trend around 49.50 in 2020, according to our econometric models.

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Mexico Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	51.50	51.40	58.10	33.70	Index Points	[+]
Manufacturing PMI	49.80	52.60	57.10	49.20		[+]
Industrial Production	-0.80	-1.00	23.82	-17.50	percent	[+]
Industrial Production Mom	0.30	0.70	8.50	-7.80	percent	[+]
Manufacturing Production	1.14	1.29	18.26	-17.74	percent	[+]
Capacity Utilization	81.20	78.80	82.50	74.10	percent	[+]
Changes in Inventories	175359.00	166654.31	280468.77	49272.84	MXN Million	[+]
Total Vehicle Sales	61448.00	68254.00	127604.00	6318.00		[+]
Car Production	346.87	311.83	381.99	35.61	Thousand Units	[+]
Car Registrations	61448.00	68254.00	127604.00	6318.00		[+]
Leading Economic Index	1.30	0.00	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	1.60	-6.80	33.10	-41.90	percent	[+]
Mining Production	-6.43	-10.14	45.30	-25.22	percent	[+]
Steel Production	1435.00	1660.00	1850.00	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	28.00	29.00	37.00	26.60	Points	[+]
Corruption Rank	138.00	135.00	138.00	32.00		[+]

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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.80	52.60	57.10	49.20	2012 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	51.00	Mar/19	54	62.5 : 29.47
Brazil	52.80	Mar/19	53.4	53.5 : 41.6
Canada	50.50	Mar/19	52.6	57.1 : 47.5
China	50.80	Mar/19	49.9	52.3 : 47.2
Euro Area	47.80	Apr/19	47.5	60.6 : 33.5
France	49.60	Apr/19	49.7	58.8 : 42.7
Germany	44.50	Apr/19	44.1	63.3 : 32
India	52.60	Mar/19	54.3	55 : 47.9
Indonesia	51.20	Mar/19	50.1	58.5 : 46.4
Italy	47.40	Mar/19	47.7	59 : 47.4
Japan	49.50	Apr/19	49.2	56.2 : 29.6
Mexico	49.80	Mar/19	52.6	57.1 : 49.2
Netherlands	52.50	Mar/19	52.7	63.4 : 48
Russia	52.80	Mar/19	50.1	54.7 : 47.6
Saudi Arabia	56.80	Mar/19	56.6	61.8 : 51.4
Singapore	50.80	Mar/19	50.4	53.1 : 48.3
South Africa	45.00	Mar/19	46.2	60.87 : 35.09
South Korea	48.80	Mar/19	47.2	52.6 : 45.7
Spain	50.90	Mar/19	49.9	56.1 : 41.1
Switzerland	50.30	Mar/19	55.4	66.9 : 32.8
Turkey	47.20	Mar/19	46.4	55.7 : 42.7
United Kingdom	55.10	Mar/19	52.1	61.5 : 34.4
United States	52.40	Apr/19	52.4	57.9 : 50.7