Economic activity in Mexico advanced 13.3 percent year-on-year in June of 2021, following a record 25.1 percent growth in May and below market expectations of a 13.9 percent expansion. Across economic sectors, output increased at a softer pace in secondary activities (13.5 percent vs 36.4 percent in May), services (13.6 percent vs 21.5 percent) and primary activities (7.4 percent vs 10.2 percent). On a seasonally adjusted monthly basis, economic activity shrank 0.9 percent, following a downwardly revised 0.5 percent rise in the previous month and compared with market consensus of a 0.3 percent fall. source: Instituto Nacional de Estadistica, Geografia e Informatica, Mexico
Leading Economic Index in Mexico averaged 2.08 percent from 1994 until 2021, reaching an all time high of 25.10 percent in May of 2021 and a record low of -22.50 percent in May of 2020. This page provides the latest reported value for - Mexico Overall Index of Economic Activity - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Overall Index of Economic Activity - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Leading Economic Index in Mexico is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Overall Index of Economic Activity is projected to trend around 1.60 percent in 2022 and 2.00 percent in 2023, according to our econometric models.