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January 23, 2025
Mexico | Slow manufacturing momentum in December; potential risks from tariffs
The BBVA Research Multidimensional Manufacturing Indicator fell (-)3.3% YoY in December, the ninth consecutive decline since April; considering the December data, the year-on-year change averages (-)2.6% in 2024, 2.7 pp below the figure observed the previous year.
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November 22, 2024
Mexico | Manufacturing slows in October; impact of hurricanes and strikes in the US
The BBVA Research Multidimensional Manufacturing Indicator fell (-)4.1% YoY in October, after the improvement recorded in the previous month; the year-on-year variation averages (-)2.8% for the first ten months of the year, 2.8 pp below the figure observed in the same period of the previous year.
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November 12, 2024
Mexico | Formal employment does not change trend in October, worsens outlook
The weakness in employment, observed since the beginning of the year, has intensified more than expected due to factors such as the closure of federal infrastructure projects and political and economic uncertainty. In October, formal employment grew by 1.4%, falling 0.3 percentage points short of expectations.
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