The IHS Markit Mexico Manufacturing PMI rose to 50.9 in January of 2019 from a 49.7 in the previous month. The reading pointed to an expansion in factory activity after two consecutive months of contraction and the strongest since September. New orders increased and jobs growth resume after contracting in December. Also, output continued to fall but at the softest pace in three months. On the other hand, new export orders slowed amid weak external demand and delivery times lengthening to a greater extent than the prior month as the gas crisis impacted manufacturer’s performance. On the price front, input prices rose to the slowest pace in over four-and-a-half years and output cost inflation eased. Finally, business sentiment regarding production towards the next twelve months remained positive, still it weakened to the lowest level since series began amid fuel shortages and economic and security uncertainty. Manufacturing PMI in Mexico is reported by Markit Economics.

Manufacturing PMI in Mexico is expected to be 51.20 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 49.90 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 50.80 49.20 58.10 33.70 Index Points [+]
Manufacturing PMI 50.90 49.70 57.10 49.20 [+]
Industrial Production -2.50 -1.30 23.82 -17.50 percent [+]
Industrial Production Mom -0.40 -0.60 8.40 -7.90 percent [+]
Manufacturing Production 0.50 1.40 18.26 -17.74 percent [+]
Capacity Utilization 81.00 82.30 82.50 74.10 percent [+]
Changes in Inventories 166654.31 133006.81 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 86495.00 81542.00 127604.00 6318.00 [+]
Car Production 333.68 237.68 381.99 35.61 Thousand Units [+]
Car Registrations 86495.00 81542.00 127604.00 6318.00 [+]
Leading Economic Index 1.80 2.90 12.60 -9.80 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Private Investment -3.20 3.40 33.10 -41.90 percent [+]
Mining Production -8.20 -8.00 45.30 -25.22 percent [+]
Steel Production 1550.00 1526.00 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 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]


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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.90 49.70 57.10 49.20 2012 - 2019 Monthly
SA




Country Last Previous
Australia 52.50 Jan/19
Brazil 52.70 Jan/19
Canada 53.00 Jan/19
China 48.30 Jan/19
Euro Area 49.20 Feb/19
France 51.40 Feb/19
Germany 47.60 Feb/19
India 53.90 Jan/19
Indonesia 49.90 Jan/19
Italy 47.80 Jan/19
Japan 48.50 Feb/19
Mexico 50.90 Jan/19
Netherlands 55.10 Jan/19
Russia 50.90 Feb/19
Saudi Arabia 56.20 Jan/19
Singapore 50.70 Jan/19
South Africa 49.90 Jan/19
South Korea 48.30 Jan/19
Spain 52.40 Jan/19
Switzerland 54.30 Jan/19
Turkey 44.20 Jan/19
United Kingdom 52.80 Jan/19
United States 53.70 Feb/19


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