Manufacturing
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January 23, 2025
Mexico | Slow manufacturing momentum in December; potential risks from tariffs
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.
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November 22, 2024
Mexico | Manufacturing slows in October; impact of hurricanes and strikes in the US
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.
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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
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June 18, 2024
Mexico | Slow manufacturing dynamism continues in May
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.
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April 22, 2024
Mexico | The slow dynamism of manufacturing continues
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.
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