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.