Economic activity in Mexico increased 2.5 percent year-on-year in February of 2022, quickening from a 1.8 percent expansion in the previous month and in line with market expectations. It was the fastest rise in national output since last August, due to a recovery in the momentum of the expansion in the service sector (2.7 percent vs 0.6 percent in January). Meanwhile, production in the secondary sector rose slightly slower (2.5 percent vs 4.3 percent), reflecting contractions in mining (-2.9 percent vs 10.6 percent) and construction activities (-4.3 percent vs 0.6 percent, while growth in manufacturing output limited losses (6.9 percent vs 3.7 percent). Finally, agriculture output also fell (-2.9 percent vs 0.5 percent). On a seasonally adjusted monthly basis, economic output remained unchanged in February, after rising 0.4 percent in January. source: Instituto Nacional de Estadistica, Geografia e Informatica, Mexico

Monthly GDP YoY in Mexico averaged 2.09 percent from 1994 until 2022, reaching an all time high of 25.90 percent in May of 2021 and a record low of -22.90 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 May of 2022.

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Mexico Economic Activity YoY



Related Last Previous Unit Reference
Monthly GDP YoY 2.50 1.80 percent Feb 2022
Monthly GDP MoM 0.00 0.40 percent Feb 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 1.80 25.90 -22.90 1994 - 2022 percent Monthly
NSA

News Stream
Mexico Economic Activity Growth at 6-Month High
Economic activity in Mexico increased 2.5 percent year-on-year in February of 2022, quickening from a 1.8 percent expansion in the previous month and in line with market expectations. It was the fastest rise in national output since last August, due to a recovery in the momentum of the expansion in the service sector (2.7 percent vs 0.6 percent in January). Meanwhile, production in the secondary sector rose slightly slower (2.5 percent vs 4.3 percent), reflecting contractions in mining (-2.9 percent vs 10.6 percent) and construction activities (-4.3 percent vs 0.6 percent, while growth in manufacturing output limited losses (6.9 percent vs 3.7 percent). Finally, agriculture output also fell (-2.9 percent vs 0.5 percent). On a seasonally adjusted monthly basis, economic output remained unchanged in February, after rising 0.4 percent in January.
2022-04-25
Mexico Economic Activity Picks Up in January
Economic activity in Mexico increased 1.8 percent year-on-year in January of 2022, picking up from the 1.3 percent rise in December and in line with market expectations. Growth was mainly lifted by manufacturing activity (4.3 percent vs 3 percent in December) and the services sector (0.6 percent vs 0.2 percent). On the other hand, growth in agricultural activities rose at a slower pace (0.4 percent vs 8.4 percent). On a seasonally adjusted monthly basis, economic activity rose by 0.4 percent, easing from the 0.9 percent jump in the previous month.
2022-03-25
Mexico Economic Activity Slows in December
Economic activity in Mexico increased 1.3% year-on-year in December of 2021, below 1.7% in the previous month and forecasts of 1.4%. There was a slowdown in the services sector (0.2% vs 1.2% in November) while the industrial sector advanced faster (3% vs 1.7%), namely manufacturing (3.8% vs 2.8%). Agriculture activities also grew more (8.4% vs 6.9%). Considering full 2021, the Mexican economy expanded 4.8%, rebounding from an 8.2% contraction in 2020.
2022-02-25