The IHS Markit Mexico Manufacturing PMI edged up to 49.8 in July 2019 from 49.2 in the previous month, as new orders and exports continued to decline, but a moderate pace. Meantime, the rate of decrease of output was broadly similar to that seen in June. In particular, an unplanned strong rise in inventories of finished goods resulting from low sales was pointed as a factor which prevented output to rise. Also, employment was unchanged for the second month in a row. On the price front, input cost inflation softened to a four-month low, while charges were raised to the greatest extent since last September. Looking ahead, business confidence waned further, reaching its lowest in the series history, amid worries of an economic recession, unstable market conditions, weak client demand and uncertainty. Manufacturing PMI in Mexico is reported by Markit Economics.

Manufacturing PMI in Mexico is expected to be 49.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Mexico to stand at 50.90 in 12 months time. In the long-term, the Mexico Manufacturing PMI is projected to trend around 49.50 in 2020, according to our econometric models.

Mexico Manufacturing PMI
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Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.50 50.70 58.60 34.00 Index Points [+]
Manufacturing PMI 49.80 49.20 57.10 49.20 [+]
Industrial Production -2.91 -3.29 23.82 -17.50 percent [+]
Industrial Production Mom 1.10 -2.50 8.50 -8.00 percent [+]
Manufacturing Production -0.83 0.68 18.26 -17.74 percent [+]
Capacity Utilization 81.50 80.70 82.50 74.10 percent [+]
Changes in Inventories 185467.00 179436.00 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 63912.00 59524.00 127604.00 6318.00 [+]
Car Production 292.64 337.25 381.99 35.61 Thousand Units [+]
Car Registrations 63912.00 59524.00 127604.00 6318.00 [+]
Leading Economic Index -0.40 -1.50 12.60 -11.00 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Mining Production -5.60 -8.94 45.30 -25.22 percent [+]
Private Investment -7.40 -5.80 33.10 -41.90 percent [+]
Steel Production 1580.00 1670.00 1850.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Crude Oil Rigs 37.00 32.00 107.00 8.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Gold Production 7127.00 6621.00 11688.00 384.00 Kg [+]


Mexico Manufacturing PMI

The Markit Mexico Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 manufacturing companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Mexico Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.80 49.20 57.10 49.20 2012 - 2019 Monthly
SA




Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 46.50 Jul/19
France 49.70 Jul/19
Germany 43.20 Jul/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.40 Jul/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 50.40 Jul/19


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