Mexico: Economic activity shrinks in September
Latest reading: Economic activity fell 0.6% in seasonally adjusted month-on-month terms in September, following 0.4% growth in the prior month. September’s reading was the weakest since December 2024.
Relative to the prior month’s figures, readings in September worsened for the services sector (-0.5% on a seasonally adjusted month-on-month basis vs +0.5% in August), the industrial sector (-0.4% vs -0.3% in August) and the primary sector (-4.9% vs +9.9% in August).
In annual terms, economic activity was up 0.7% in September, following a 0.5% drop in the prior month.