Mexico's economic activity increased 0.9 percent year-on-year in September of 2021, easing from a 4.3 percent advance in the previous month and missing market expectations of a 2.9 percent expansion. It was the lowest reading since the economy returned to growth in March, as growth slowed for services (0.7 percent vs 3.8 percent in August) after a resurgence in the coronavirus pandemic led to some capacity restrictions at restaurants, stores and other public. Also, production slowed for secondary activities (1.6 percent vs 5.5 percent) due to global supply chain disruptions and chip shortages while primary activities contracted (-1.1 percent vs 1.8 percent). On a seasonally adjusted monthly basis, economic activity declined by 0.4 percent, following a downwardly revised 1.2 percent drop in August. source: Instituto Nacional de Estadistica, Geografia e Informatica, Mexico
Monthly GDP YoY in Mexico averaged 2.09 percent from 1994 until 2021, reaching an all time high of 25.10 percent in May of 2021 and a record low of -22.60 percent in May of 2020. This page includes a chart with historical data for Mexico Economic Activity YoY. Mexico Economic Activity YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.