Mexico Manufacturing PMI

The IHS Markit Mexico Manufacturing PMI increased to 52.6 in February 2019 from 50.9 in the previous month. The reading pointed to the strongest expansion in factory activity since January last year, as output rose for the first time in four months and at the fastest pace in one year. Also, new orders advanced to a 15-month high, amid a stronger demand in both the domestic and the external market namely from the US and El Salvador. Additionally, job creation went up for the second consecutive month and at the greatest extent since September. On the price front, input cost inflation eased to the softest pace in over five years mainly driven by lower prices of steel, polypropylene and food and output cost inflation advanced at one of the weakest rates in survey’s history. Finally, sentiment remained positive boosted by projections of higher export order volumes, new product launches and company expansion plans. Manufacturing PMI in Mexico is reported by Markit Economics.

Manufacturing PMI in Mexico is expected to be 52.50 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 49.90 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.

Historical
Forecast

1Y 5Y 10Y MAX

width

height

Preview

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Mexico Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	51.30	51.10	58.10	33.70	Index Points	[+]
Manufacturing PMI	52.60	50.90	57.10	49.20		[+]
Industrial Production	-0.90	-2.50	23.82	-17.50	percent	[+]
Industrial Production Mom	0.60	-0.50	8.40	-7.90	percent	[+]
Manufacturing Production	1.30	0.20	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	68254.00	86495.00	127604.00	6318.00		[+]
Car Production	311.83	333.68	381.99	35.61	Thousand Units	[+]
Car Registrations	68254.00	86495.00	127604.00	6318.00		[+]
Leading Economic Index	0.00	1.80	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	-6.80	-3.30	33.10	-41.90	percent	[+]
Mining Production	-10.45	-8.37	45.30	-25.22	percent	[+]
Steel Production	1660.00	1550.00	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 March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	52.60	50.90	57.10	49.20	2012 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	54.00	Feb/19	52.5	62.5 : 29.47
Brazil	53.40	Feb/19	52.7	53.5 : 41.6
Canada	52.60	Feb/19	53	57.1 : 47.5
China	49.90	Feb/19	48.3	52.3 : 47.2
Euro Area	47.60	Mar/19	49.3	60.6 : 33.5
France	49.80	Mar/19	51.5	58.8 : 42.7
Germany	44.70	Mar/19	47.6	63.3 : 32
India	54.30	Feb/19	53.9	55 : 47.9
Indonesia	50.10	Feb/19	49.9	58.5 : 46.4
Italy	47.70	Feb/19	47.8	59 : 47.7
Japan	48.90	Mar/19	48.9	56.2 : 29.6
Mexico	52.60	Feb/19	50.9	57.1 : 49.2
Netherlands	52.70	Feb/19	55.1	63.4 : 48
Russia	50.10	Feb/19	50.9	54.7 : 47.6
Saudi Arabia	56.60	Feb/19	56.2	61.8 : 51.4
Singapore	50.40	Feb/19	50.7	53.1 : 48.3
South Africa	46.20	Feb/19	49.9	60.87 : 35.09
South Korea	47.20	Feb/19	48.3	52.6 : 45.7
Spain	49.90	Feb/19	52.4	56.1 : 41.1
Switzerland	55.40	Feb/19	54.3	66.9 : 32.8
Turkey	46.40	Feb/19	44.2	55.7 : 42.7
United Kingdom	52.00	Feb/19	52.6	61.5 : 34.4
United States	52.50	Mar/19	53	57.9 : 50.7