Publications

The BBVA Research Multidimensional Manufacturing Indicator grew 4.0% YoY in February, moderating the dynamism observed in the first month of the year, although remaining in positive territory for the sixth consecutive month.

The BBVA Research Multidimensional Manufacturing Indicator (MMI BBVA Research) grew 5.0% YoY in January, the highest figure since October 2022, pointing to a recovery in the sector this year.

The BBVA Research Multidimensional Manufacturing Indicator (BBVA Research MMI) fell (-)3.0% YoY in August, the largest contraction since January.

The BBVA Research Multidimensional Manufacturing Indicator grew 1.2% YoY in July, 0.9 pp above the figure registered the previous month (0.3% YoY); considering the July data, the year-over-year variation of the BBVA Research MMI reaches an average of (-)0.2% in the first seven months of the year (vs -1.5% in 2024).

The BBVA Research Multidimensional Manufacturing Indicator grew 2.0% YoY in May, bringing the average year-over-year growth variance for the first five months of the year to 5.0% (vs. 1.0% in the same period last year).

The BBVA Research Multidimensional Manufacturing Indicator recorded a (-)0.4% YoY change in March, unchanged from the figure observed in February.

The BBVA Research Multidimensional Manufacturing Indicator (BBVA MMI) decreased (-)4.8% YoY in January, the tenth consecutive drop since April