The IHS Markit Mexico Manufacturing PMI fell to 49.8 in March 2019 from 52.6 in the previous month. The latest reading pointed to a contraction in factory activity, after two consecutive months of expansion, as output fell amid subdued sales, issues in production lines and competition. Also, new orders stagnate ending with a 16-month period of expansion linked with challenging economic conditions and competitive pressures. Additionally, export sales rose at a softer pace; the rate of job creation dropped marginally and inventories went down in both pre and post-production items. On the price front, input price inflation eased for the fourth successive month to a near six year-low, driven by lower cost of aluminium, steel and plastic; and output prices declined for the first time since late 2014. Manufacturing PMI in Mexico is reported by Markit Economics.

Manufacturing PMI in Mexico is expected to be 50.80 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 52.00 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 51.50 51.40 58.10 33.70 Index Points [+]
Manufacturing PMI 49.80 52.60 57.10 49.20 [+]
Industrial Production -0.80 -1.00 23.82 -17.50 percent [+]
Industrial Production Mom 0.30 0.70 8.50 -7.80 percent [+]
Manufacturing Production 1.14 1.29 18.26 -17.74 percent [+]
Capacity Utilization 81.20 78.80 82.50 74.10 percent [+]
Changes in Inventories 175359.00 166654.31 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 61448.00 68254.00 127604.00 6318.00 [+]
Car Production 346.87 311.83 381.99 35.61 Thousand Units [+]
Car Registrations 61448.00 68254.00 127604.00 6318.00 [+]
Leading Economic Index 1.30 0.00 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 1.60 -6.80 33.10 -41.90 percent [+]
Mining Production -6.43 -10.14 45.30 -25.22 percent [+]
Steel Production 1435.00 1660.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.80 52.60 57.10 49.20 2012 - 2019 Monthly
SA




Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


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