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.

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Mexico Economic Activity YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-10-25 11:00 AM Aug 4.3% 7.1% 6.4% 6.8%
2021-11-25 12:00 PM Sep 0.9% 4.3% 2.9% 3%
2021-12-24 12:00 PM Oct 0.9%


Related Last Previous Unit Reference
Monthly GDP YoY 0.90 4.30 percent Sep/21
Monthly GDP MoM -0.40 -1.20 percent Sep/21

News Stream
Mexican Economic Activity Growth Below Forecasts
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.
2021-11-25
Mexico Economic Activity Grows Less than Expected
Economic activity in Mexico rose 4.3 percent from a year earlier in August of 2021, following a 7.1 percent increase in the previous month and missing market expectations of 6.4 percent growth. It was the lowest reading in five months, as growth slowed for secondary activities (5.5 percent vs 7.3 percent in July) and services (3.8 percent vs 7.5 percent), while primary activities rebounded from the previous month (0.5 percent vs -0.7 percent). On a seasonally adjusted monthly basis, economic activity declined by 1.6 percent, following a downwardly revised 0.1 percent rise in July.
2021-10-25
Mexico Economic Activity Grows Less than Expected
Economic activity in Mexico rose 7.1 percent from a year earlier in July of 2021, following a 13.3 percent increase in the previous month and less than an expected 8.5 percent growth. It was the smallest output growth in four months. Secondary activities grew 7.3 percent (from 13.5 percent in June), and services went up 7.4 percent (from 13.5 percent). Meanwhile, primary activities fell 0.7 percent (from 7.4 percent). On a seasonally adjusted basis, economic activity advanced 0.5 percent, after a downwardly revised decline of 1.1 percent rise in the previous month.
2021-09-27

Mexico Economic Activity YoY
In Mexico, the overall index of economic activity measures the evolution of the real sector of the economy, in the short term, providing valuable information for decision-making.