In brief
Xinhua reported that Mexico’s economy is displaying early signs of improvement, with the manufacturing sector stabilizing and services and commerce re-entering expansion. Using leading indicators, the Mexican Institute of Finance Executives noted that while the manufacturing index rose slightly, it remains almost neutral and in contraction, whereas the non‑manufacturing index rose into expansion. The institute cautioned that the recovery is still fragile and uneven, and that sustained growth has not yet been confirmed.
Xinhua reported on Tuesday that Mexico’s economy is showing early signs of improvement, with the manufacturing sector stabilizing and the services and commerce sectors returning to expansion, according to the Mexican Institute of Finance Executives (IMEF).
The IMEF’s leading‑indicator data showed the manufacturing index edged up from 49.7 points in September to 49.8 points in October, remaining just below the neutrality threshold and still in the contraction zone for the 31st consecutive month. In contrast, the non‑manufacturing index, covering commerce and services, rose from 49.7 to 50.6 points, re‑entering the expansion zone after a prolonged period of weakness.
"However, the evolution of their respective trend‑cycle components suggests that the recovery remains fragile and uneven; therefore, it is still premature to confirm a shift in the cycle toward a phase of solid and sustained expansion," IMEF officials said.
The institute noted that manufacturing continues to show signs of stabilization, bolstered by a recovery in demand and employment, but disparities among its components limit the strength of this progress.
Mexico’s government projects economic growth of between 1 % and 2 % by the end of 2026. The economy expanded 0.5 % in 2025, driven primarily by the services sector, amid weakness in industrial activity linked to the United States.
