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January 23, 2025
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.
November 22, 2024
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.
August 20, 2024
The BBVA Research Multidimensional Manufacturing Indicator fell (-)2.7% YoY in July (the seventh consecutive drop so far this year), pointing towards a gloomy outlook for 2H24
June 18, 2024
The BBVA Multidimensional Manufacturing Indicator fell (-)1.8% YoY in May (the fifth consecutive drop so far this year), confirming the prolonged slowdown of the sector due to the lower dynamism of external demand for durable goods.
April 22, 2024
The BBVA Multidimensional Manufacturing Indicator fell (-)1.2% YoY in March (the third consecutive drop so far this year), confirming the prolonged slowdown of the sector, given the gradual slowdown in external demand for durable goods.
March 21, 2024
The BBVA Multidimensional Manufacturing Indicator fell (-)1.7% YoY in February, bringing the average of the annual change of the first two months of the year to (-)1.2%, 3.2 pp below that registered in the same period of the previous year.
March 15, 2024
By the end of 2023, Mexico recorded a trade deficit of 5,463 million dollars ($5.46 bn). Manufacturing leads both exports and imports. Mexico solidified its position as the leading supplier in the US market while FDI dropped slightly in 2023.
