Economic activity in Mexico increased 2.1 percent year-on-year in May of 2022, picking up from a revised 1.4 percent rise in April and above market expectations of a 1.7 percent gain. Output advanced faster for manufacturing (3.3 percent vs. 2.7 percent in April) and services (1.4 percent vs. 0.5 percent), while it rose at a softer pace for agriculture (3.7 percent vs. 5.7 percent). On a seasonally adjusted monthly basis, economic activity contracted by 0.2 percent, following a 1.1 percent gain in April. source: Instituto Nacional de Estadistica, Geografia e Informatica, Mexico

Monthly GDP YoY in Mexico averaged 2.08 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 August of 2022.

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Mexico Economic Activity YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-06-24 11:00 AM Apr 1.3% 0.4% 1.2% 0.9%
2022-07-25 11:00 AM May 2.1% 1.4% 1.7% 2%
2022-08-25 11:00 AM Jun 2.1% 1.6%


Related Last Previous Unit Reference
Monthly GDP YoY 2.10 1.40 percent May 2022
Monthly GDP MoM -0.20 1.10 percent May 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
2.10 1.40 25.90 -22.90 1994 - 2022 percent Monthly
NSA

News Stream
Mexico Economic Activity Picks Up in May
Economic activity in Mexico increased 2.1 percent year-on-year in May of 2022, picking up from a revised 1.4 percent rise in April and above market expectations of a 1.7 percent gain. Output advanced faster for manufacturing (3.3 percent vs. 2.7 percent in April) and services (1.4 percent vs. 0.5 percent), while it rose at a softer pace for agriculture (3.7 percent vs. 5.7 percent). On a seasonally adjusted monthly basis, economic activity contracted by 0.2 percent, following a 1.1 percent gain in April.
2022-07-25
Mexico Economic Activity Picks Up in April
Economic activity in Mexico increased 1.3 percent year-on-year in April of 2022, picking up from a 0.4 percent rise in March and mostly in line with market expectations. Output rebounded for services (0.6 percent vs. -0.9 percent in March) while it continued to grow for manufacturing (2.7 percent, the same as in March). On the other hand, agricultural activity growth rose slower (4.9 percent vs. 6.5 percent). On a seasonally adjusted monthly basis, economic activity rose by 1.1 percent, accelerating from a 0.4 percent jump in the previous month.
2022-06-24
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