Mexico Productivity

Productivity in Mexico decreased to 108.10 Index Points in January of 2014 from 108.50 Index Points in December of 2013. Productivity in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI). Productivity in Mexico averaged 102.56 Index Points from 2007 until 2014, reaching an all time high of 113.60 Index Points in June of 2013 and a record low of 89.09 Index Points in January of 2009. In Mexico, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - Mexico Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
108.10 108.50 113.60 89.09 109.56 | 2014/06 2007 - 2014 Index Points Monthly
NSA, 2008=100

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Mexico Productivity
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 116.90 2012-12-31 114.79 116.90 36.94 120.24 2014-06-30 Million [+]
Employed Persons 50243493.00 2013-11-15 49576734.00 50243493.00 37970852.00 50467159.10 2014-06-30 [+]
Labour Costs 94.40 2014-01-15 124.90 127.55 79.32 94.52 2014-06-30 Index Points [+]
Productivity 108.10 2014-01-15 108.50 113.60 89.09 109.56 2014-06-30 Index Points [+]
Retirement Age Men 65.00 2013-01-01 65.00 65.00 65.00 65.00 2014-06-30 [+]
Retirement Age Women 65.00 2013-01-01 65.00 65.00 65.00 65.00 2014-06-30 [+]
Unemployed Persons 2432291.00 2013-11-15 2732601.00 2925045.00 915418.00 2557111.19 2014-06-30 [+]
Wages 281.95 2014-02-15 282.32 282.32 124.36 281.29 2014-06-30 MXN/DAY [+]
Wages in Manufacturing 97.20 2014-01-15 118.40 124.00 92.40 97.43 2014-06-30 Index Points [+]
Unemployment Rate 4.80 2014-03-31 4.65 5.93 2.22 4.70 2014-04-30 Percent [+]
Minimum Wages 65.58 2014-03-31 65.58 65.58 0.01 65.39 2014-06-30 MXN [+]
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Productivity | Notes
Productivity is the real value of output produced by a unit of labor in a unit of time. It is used to measure efficiency of the economy. The indicator varies across different countries. In most cases refers to GDP produced per employed person. It can also measure output per worker, output per filled job and output per hour worked.


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In February of 2014, Mexico posted a USD 976 million trade surplus, after recording in January the highest deficit on record. The figure compares with a USD 80 million surplus in the same month last year.
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Mexican jobless rate decreased to 4.65 percent in February of 2014 from 5.05 percent in January. A year ago, the unemployment rate was recorded at 4.85 percent.
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Mexican consumer prices rose by an annual 4.23 percent in February, down from 4.48 percent in January, as the effects of new taxes eased. A year earlier, the inflation was recorded at 3.55 percent.
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In January of 2014, Mexican trade balance posted a USD 3.195 billion deficit, the highest trade deficit on record and mainly due to a fall in oil exports.
Mexico Unemployment Rate Rises in January  
In January of 2014, Mexican jobless rate edged up to 5.05 percent, after falling in December last year to a 5-year low at 4.25 percent.
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Mexico’s GDP growth slowed in the last quarter of 2013 hurt by a drop in industrial production. The economy advanced a meager 0.2 percent on a quarter-on-quarter seasonally adjusted basis, down from a revised 0.95 percent growth rate in the previous three-month period.
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In the last three months of 2013, Mexican economy slowed for the second straight quarter expanding only 0.7 percent over a year earlier, hurt by lower production in agriculture and mining.
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