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Mexican GDP Revised Higher
The Mexican GDP contracted by 0.6% from the previous quarter in the first quarter of 2026, trimming te 0.9% expansion from the final quarter of last year. The result was revised from the preliminary estimate of a 0.8% contraction, but maintained the undershot of market expectations of a 0.5% contraction. The pressure in the GDP was in line with projections by the Bank of Mexico, that resumed their interest rate cutting cycle despite the aggressive rebound in inflation from March. Output contracted 1.7% for primary activities despite the surge in silver and energy prices. Meanwhile, production fell 1.0% for the secondary sector as manufacturers continued to adjust to tariffs from the US, cutting a key source of demand for auto producers. In turn, services output fell by 0.4%. The GDP inched higher by 0.2% from the previous year.
Published on 2026-05-22

Mexico GDP Contracts More than Expected
The Mexican GDP contracted by 0.8% from the pervious quarter in the first quarter of 2026, erasing the 0.9% expansion from the final quarter of last year to overshoot the expectations that the economy would contract 0.5%. The contraction was in line with projections by the Bank of Mexico, that resumed their interest rate cutting cycle despite the aggressive rebound in inflation from March. Output contracted 1.4% for primary activities despite the surge in silver and energy prices. Meanwhile, production fell 1.1% for the secondary sector as manufacturers continued to adjust to tariffs from the US, cutting a key source of demand for auto producers. In turn, services output fell by 0.6%. The GDP inched higher by 0.1% from the previous year.
Published on 2026-04-30

Mexico Q4 GDP Revised Higher
The Mexican gross domestic product expanded by 0.9% from the previous quarter in the final three months of 2025, rebounding from the 0.3% contraction in the earlier period and revised higher from the preliminary estimate of 0.8% growth to mark the sharpest pace of expansion in over one year. The rebound reflected a degree of resilience in the Mexican economy after a trade war with the United States and uncertainty regarding supply chains and lower export demand due to tariffs triggered economic headwinds in the third quarter. Growth was supported by secondary and tertiary sectors, each expanding by 0.9% Conversely, primary activities contracted by 1.4%. For the full year, the Mexican GDP grew 0.6%, the least since the pandemic caused a global economic crisis in 2020.
Published on 2026-02-23

Mexico GDP Rebounds in Q4
The Mexican gross domestic product expanded by 0.8% from the previous quarter in the final three months of 2025, rebounding from the 0.3% contraction in the third quarter and ahead of market expectations of a 0.6% increase to mark the sharpest pace of growth in over one year. The rebound reflected a degree of resilience in the Mexican economy after a trade war with the United States and uncertainty regarding supply chains and lower export demand due to tariffs triggered economic headwinds in the third quarter. Growth was supported by secondary and tertiary sectors, each expanding by 0.9% Conversely, primary activities contracted by 2.7%. For the full year, the Mexican GDP grew 0.5%, the least since the pandemic caused a global economic crisis in 2020.
Published on 2026-01-30

Mexico GDP Rebounds in Q4
The Mexican gross domestic product expanded by 0.8% from the previous quarter in the final three months of 2025, rebounding from the 0.3% contraction in the third quarter and ahead of market expectations of a 0.6% increase to mark the sharpest pace of growth in over one year. The rebound reflected a degree of resilience in the Mexican economy after a trade war with the United States and uncertainty regarding supply chains and lower export demand due to tariffs triggered economic headwinds in the third quarter. Growth was supported by secondary and tertiary sectors, each expanding by 0.9% Conversely, primary activities contracted by 2.7%. For the full year, the Mexican GDP grew 0.5%, the least since the pandemic caused a global economic crisis in 2020.
Published on 2026-01-30

Mexico GDP Rebounds in Q4
The Mexican gross domestic product expanded by 0.8% from the previous quarter in the final three months of 2025, rebounding from the 0.3% contraction in the third quarter and ahead of market expectations of a 0.6% increase to mark the sharpest pace of growth in over one year. The rebound reflected a degree of resilience in the Mexican economy after a trade war with the United States and uncertainty regarding supply chains and lower export demand due to tariffs triggered economic headwinds in the third quarter. Growth was supported by secondary and tertiary sectors, each expanding by 0.9% Conversely, primary activities contracted by 2.7%. For the full year, the Mexican GDP grew 0.7%.
Published on 2026-01-30

Mexico GDP Confirmed at Contraction
The Mexican GDP contracted by a seasonally adjusted 0.3% from the previous quarter in the third quarter of 2025, aligned with expectations and confirming the preliminary estimate. It was the first contraction since the last quarter of 2024, trimming the 0.6% expansion from the earlier period. Output in manufacturing industries shrank by 1.5%, pressured by uncertainty in the outlook for vehicles and key export industries amid the wave of tariffs placed by the United States, Mexico's largest export destination. In the meantime, output for primary industries jumped by 3.5%, while that for services inched 0.2% higher. From the previous year, the Mexican GDP contracted by 0.1%, its first decrease since the final quarter of 2021.
Published on 2025-11-21

Mexican GDP Contracts as Expected
The Mexican GDP contracted by a seasonally adjusted 0.3% in the third quarter of 2025, aligned with expectations, to trim the 0.6% expansion from the previous quarter. It was only the second quarter of contraction since the emergence of Covid-19 variants triggered a contraction in early 2021, reflecting the impact of tariffs from the United States, Mexico's top trading partner. Tariffs on autos, a major industry for Mexican manufacturing, drove GDP from industry to contract by 1.5%. This offset a 3.2% expansion for primary industries, which were supported by higher silver prices, and a near stall for services. From the previous year, the Mexican GDP contracted by 0.2%, the first contraction since the first quarter of 2021.
Published on 2025-10-30

Mexican GDP Contracts as Expected
The Mexican GDP contracted by a seasonally adjusted 0.3% in the third quarter of 2025, aligned with expectations, to trim the 0.6% expansion from the previous quarter. It was only the second quarter of contraction since the emergence of Covid-19 variants triggered a contraction in early 2021, reflecting the impact of tariffs from the United States, Mexico's top trading partner. Tariffs on autos, a major industry for Mexican manufacturing, drove GDP from industry to contract by 1.5%. This offset a 3.2% expansion for primary industries, which were supported by higher silver prices, and a near stall for services. From the previous year, the Mexican GDP contracted by 0.2%, the first contraction since the first quarter of 2021.
Published on 2025-10-30

Mexican GDP Contracts as Expected
The Mexican GDP contracted by a seasonally adjusted 0.3% in the third quarter of 2025, aligned with expectations, to trim the 0.6% expansion from the previous quarter. It was only the second quarter of contraction since the emergence of Covid-19 variants triggered a contraction in early 2021, reflecting the impact of tariffs from the United States, Mexico's top trading partner. Tariffs on autos, a major industry for Mexican manufacturing, drove GDP from industry to contract by 1.5%. This offset a 3.2% expansion for primary industries, which were supported by higher silver prices, and a near stall for services. From the previous year, the Mexican GDP contracted by 0.2%, the first contraction since the first quarter of 2021.
Published on 2025-10-30

Mexican GDP Grows More than Expected
The Mexican GDP expanded by a seasonally adjusted 0.7% from the previous quarter in the second quarter of 2025, well above market expectations of a 0.4% increase, to mark the sharpest pace of growth since the third quarter of 2024. Growth was carried by the services sector (0.7% vs -0.1% in Q1) and manufacturing (0.8% vs -0.%), which offset the 1.3% plunge for primary industries, trimming surges of over 6.5% in the two previous quarters. From the previous year, the Mexican GDP expanded by a softer 0.1%.
Published on 2025-07-30

Mexican GDP Grows More than Expected
The Mexican GDP expanded by a seasonally adjusted 0.7% from the previous quarter in the second quarter of 2025, well above market expectations of a 0.4% increase, to mark the sharpest pace of growth since the third quarter of 2024. Growth was carried by the services sector (0.7% vs -0.1% in Q1) and manufacturing (0.8% vs -0.%), which offset the 1.3% plunge for primary industries, trimming surges of over 6.5% in the two previous quarters. From the previous year, the Mexican GDP expanded by a softer 0.1%.
Published on 2025-07-30

Mexican GDP Grows More than Expected
The Mexican GDP expanded by a seasonally adjusted 0.7% from the previous quarter in the second quarter of 2025, well above market expectations of a 0.4% increase, to mark the sharpest pace of growth since the third quarter of 2024. Growth was carried by the services sector (0.7% vs -0.1% in Q1) and manufacturing (0.8% vs -0.%), which offset the 1.3% plunge for primary industries, trimming surges of over 6.5% in the two previous quarters. From the previous year, the Mexican GDP expanded by a softer 0.1%.
Published on 2025-07-30

Mexico GDP Rebounds in Q1
The Mexican GDP expanded by 0.2% from the previous quarter in the first three months of 2025, trimming the 0.6% contraction in the earlier period and aligned with the preliminary estimate, remaining above the initial market expectation of a stall. Growth was solely carried by a 7.8% surge in the output of primary activities, extending the 6.7% expansion in the earlier quarter. On the other hand, slight contractions were noted for industry (-0.1% vs -1.3% in Q4 of 2024) and services (-0.1% vs 1.1%). From the previous year, the Mexican GDP expanded by 0.8% in the first quarter.
Published on 2025-05-22

Mexican GDP Unexpectedly Grows in Q1
The Mexican GDP grew by 0.2% quarter-on-quarter in the first quarter of 2025, rebounding from a 0.6% contraction in the previous quarter and beating market expectations of no growth. Preliminary estimates showed the output from primary activities rose by 8.1%, while the industrial GDP decreased by 0.3% and the services output held steady. On a yearly basis, Mexico's economy grew by 0.6%. While the modest quarter-over-quarter growth was enough to keep Mexico from slipping into a technical recession, it does little to shift the broader picture of economic fragility. The outlook remains clouded by elevated domestic uncertainty, restrictive financial conditions, and continued exposure to fallout from the U.S. trade war.
Published on 2025-04-30

Mexico GDP Contracts Most in 3 Years
The Mexican gross domestic product contracted by 0.6% from the previous quarter in the final three months of 2024, trimming the 0.9% expansion in the previous period and in line with preliminary estimates to confirm the sharp miss of expectations of a 0.2% drop. It was the sharpest contraction since the third quarter of 2021, aligned with signals from the central bank that larger rate cuts may be appropriate this year, especially if the US government follows through with tariff threats. Output from primary activities plunged by 8.5% from the previous quarter, while output from industry fell by 1.5%. In turn, services output edged higher by 0.2%. On an annual basis, the Mexican GDP expanded by 0.5% in the fourth quarter, revised lower from the preliminary reading of 0.6%. For the full year, the Mexican economy expanded by 1.2%.
Published on 2025-02-21

Mexico GDP Contracts More than Expected
The gross domestic product of Mexico contracted by 0.6% from the previous quarter in the fourth quarter of 2024, trimming the 1.1% expansion in the previous period and contrasting with market expectations of a softer 0.2% decline, marking the first contraction since the third quarter of 2021. The contraction aligned with signals from the central bank that larger rate cuts may be appropriate this year, especially if the US government follows through with tariff threats. Output from primary activities plunged by 8.9% from the previous quarter, while output from industry fell by 1.2%. In turn, services output edged higher by 0.2%. On an annual basis, the Mexican GDP expanded by 0.6% in the fourth quarter.
Published on 2025-01-30

Mexico GDP Expands the Most in 2-1/2 Years in Q3
The Mexican GDP expanded by 1.1% from the previous quarter in the three months ending in September of 2024, accelerating sharply from the 0.2% increase in the earlier period and ahead of the preliminary estimate of 1%, surpassing the initial market expectations of a 0.8% rise. It was the sharpest pace of expansion since the first quarter of 2022, adding leeway for the Bank of Mexico to cut its interest rate at a moderate pace to maintain its fight against inflation. Growth was led by the sharp rebound for primary activities (4.9% vs -0.2% in Q2). Additionally, output accelerated for both secondary (0.9% vs 0.3%) and tertiary (1.1% vs 0.1%) activities. From the previous year, the Mexican GDP expanded by 1.6%.
Published on 2024-11-22

Mexico GDP Expands More than Expected
The Mexican GDP expanded by 1% from the previous quarter in the three months ending in September of 2024, accelerating sharply from the 0.2% increase in the earlier period and surpassing market expectations of 0.8%, according to a preliminary estimate. It was the third consecutive quarter of growth, at the largest magnitude since the second quarter of 2023, adding leeway for the Bank of Mexico to cut its interest rate at a moderate pace to maintain its fight against inflation. Growth was led by the sharp rebound for primary activities (4.6% vs -0.2% in Q2). Additionally, output accelerated for both secondary (0.9% vs 0.3%) and tertiary (0.9% vs 0.1%) activities. From the previous year, the Mexican GDP expanded by 1.5%.
Published on 2024-10-30

Mexican Q2 GDP Growth Confirmed at 0.2%
The Mexican economy expanded by 0.2% from the previous quarter in the three months ending in June 2024, matching the preliminary estimate, and following a downwardly revised 0.1% rise in the previous period. This marks the second consecutive period of sluggish growth, with contributions from both the service sector (0.1% vs 0.5% in Q1) and the industrial sector (0.3% vs -0.5%). On the other hand, output continued to shrink for primary activities (-0.2% vs -0.4%). In annual terms, the GDP grew by 2.1% in Q2, slightly below the initial reading of 2.2% and accelerating from a downwardly revised 1.5% rise in the previous period.
Published on 2024-08-22