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.