Mexico Manufacturing PMI

Manufacturing PMI in Mexico decreased to 49.80 factors in September from 51.20 factors in August of 2023. supply: Markit Economics

Manufacturing PMI in Mexico averaged 50.57 factors from 2012 till 2023, reaching an all time excessive of 57.10 factors in December of 2012 and a report low of 35 factors in April of 2020. This web page offers the most recent reported worth for – Mexico Manufacturing PMI – plus earlier releases, historic excessive and low, short-term forecast and long-term prediction, financial calendar, survey consensus and information. Mexico Manufacturing PMI – information, historic chart, forecasts and calendar of releases – was final up to date on October of 2023.

Manufacturing PMI in Mexico is predicted to be 51.00 factors by the top of this quarter, based on Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Mexico Manufacturing PMI is projected to development round 55.00 factors in 2024, based on our econometric fashions.

The Markit Mexico Manufacturing Buying Managers’ Index measures the efficiency of the manufacturing sector and is derived from a survey of 400 manufacturing firms. The Manufacturing Buying Managers Index is predicated on 5 particular person indexes with the next weights: New Orders (30 p.c), Output (25 p.c), Employment (20 p.c), Suppliers’ Supply Occasions (15 p.c) and Inventory of Objects Bought (10 p.c), with the Supply Occasions index inverted in order that it strikes in a comparable route. A studying above 50 signifies an growth of the manufacturing sector in comparison with the earlier month; under 50 represents a contraction; whereas 50 signifies no change.