Mexico Economic Growth Slows in May
2026-07-23 12:46
By
Isabela Couto
1 min. read
Mexico's economic activity rose 1.1% year-on-year in May 2026, matching forecasts but easing from an upwardly revised 2.6% increase in April.
The primary sector led growth, expanding 7.6% as agricultural output increased 8.7% and livestock production rose 5.0%.
The tertiary sector advanced 1.7%, driven by wholesale trade (8.8%), government activities (4.9%), healthcare and social services (2.9%), and financial services and insurance (2.6%).
Meanwhile, the secondary sector contracted 0.7%, as declines in manufacturing (-1.5%), utilities (-0.9%), and construction (-0.3%) outweighed a 3.9% increase in mining.
On a monthly basis, economic activity fell 0.3% after rising 1.4% in April.