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The BBVA Manufacturing Multidimensional Indicator grew 4.2% in November (YoY), 4.2 pp below the previous month; the figure represents the lowest since March 2022 and marks a turning point after the recovery period that the sector showed in the first three quarters of the year.
The BBVA Multidimensional Manufacturing Indicator (BBVA MMI) grew 8.7% in October (YoY), 0.6 pp above the previous month (8.1%).
The BBVA Multidimensional Manufacturing Indicator (BBVA MMI) grew 8.1% in September (YoY), 1.2 pp above the figure last month.
The BBVA Multidimensional Manufacturing Indicator (BBVA MMI) grew 6.4% in August (YoY), bringing the average year-on-year variation for the first two months of 3Q22 to 5.8%, 0.9 pp below the 6.8% observed in the same period of 2Q22.
The Multidimensional Manufacturing Index (MMI) is a barometer of the production in this sector that parsimoniously captures information from a broad set of variables that reflects activity in the value chains between Mexico and the US.
Risk-off mood resurfaced in financial markets, boosting VIX volatility and safe haven demand, although underlying hopes of an eventual trade resolution contained market losses.
The current infrastructure does not respond to the needs of its main demanders. New way of measuring railway efficiency in the face of a changing reality. Network model for the calculation of the coherence of the railway network. Railway network does not meet manufacturing needs. Railway incompatibilities point to investmen…
Mexico would continue to be more competitive than the United States in the production of manufactured goods even if the latter were to cut its corporate tax rate from 35% to 20%. The difference in labor costs alone is a sufficient factor for Me…
