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October 21, 2024

Mexico | Manufacturing slowdown moderates in September

The BBVA Research Multidimensional Manufacturing Indicator fell (-)2.2% YoY in September, the ninth consecutive decline so far this year, but less than the contraction registered in August

September 26, 2024

Mexico | Manufacturing sluggishness extends into 3Q24

The BBVA Multidimensional Manufacturing Indicator (MMI) fell (-)3.1% YoY in August (the eighth consecutive drop so far this year), confirming the slow dynamism of the sector so far in 2024.

August 20, 2024

Mexico | Weak manufacturing performance in July; the slowdown would extend to 2H24

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

July 18, 2024

Mexico | Lower manufacturing production in June

The BBVA Multidimensional Manufacturing Indicator decreased (-)3.8% YoY in June (the sixth consecutive drop so far this year), confirming the prolonged deceleration of the sector.

May 20, 2024

Mexico | Lower manufacturing dynamism in April; slow recovery forward

The BBVA Multidimensional Manufacturing Indicator (MMI) fell (-)2.9% YoY in April, pointing to an extended slowdown in the sector amid the deceleration of external demand

March 15, 2024

Mexico | Mexico is now the largest exporter to the US

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.

February 21, 2024

Mexico | Weak start of the year for manufacturing in 2024

The BBVA Multidimensional Manufacturing Indicator (BBVA MMI) grew 0.3% YoY in January, pointing to modest growth in the sector given the gradual slowdown in demand for durable goods in the US.

January 19, 2024

Mexico | Manufacturing moderates its growth in December

The BBVA Multidimensional Manufacturing Indicator (BBVA MMI) grew 0.1% YoY in December, bringing the average interannual variation in 2023 to 1.2% (vs. 6.3% the previous year)