The IHS Markit Mexico Manufacturing PMI rose to 50.1 in April 2019 from 49.8 in the previous month. The latest reading pointed to an expansion in factory activity, as new orders went up marginally driven by both existing and new clients. Also, stock of purchases rose for the first time since September and output dropped at a weaker pace. Meanwhile, new export orders declined for the first time since February last year and employment fell at the fastest pace in almost five years amid non-renewal of temporary contracts, retirements and downsizing efforts. On the price front, input and output prices advanced, still the rates of inflation were below the long-run averages. Finally, confidence improved amid optimism linked with product diversification, opportunities to tender and efforts to enter new foreign markets. 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 53.00 52.80 58.60 34.00 Index Points [+]
Manufacturing PMI 50.10 49.80 57.10 49.20 [+]
Industrial Production -0.15 -0.96 23.82 -17.50 percent [+]
Industrial Production Mom -1.30 0.30 8.40 -8.00 percent [+]
Manufacturing Production 2.78 0.79 18.26 -17.74 percent [+]
Capacity Utilization 80.80 81.20 82.50 74.10 percent [+]
Changes in Inventories 175359.00 166654.31 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 67680.00 61448.00 127604.00 6318.00 [+]
Car Production 299.71 346.87 381.99 35.61 Thousand Units [+]
Car Registrations 67680.00 61448.00 127604.00 6318.00 [+]
Leading Economic Index 1.10 1.30 12.60 -11.00 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 -1.90 1.60 33.10 -41.90 percent [+]
Mining Production -6.00 -6.50 45.30 -25.22 percent [+]
Steel Production 1780.00 1435.00 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 [+]
Crude Oil Rigs 30.00 24.00 107.00 8.00 [+]
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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.10 49.80 57.10 49.20 2012 - 2019 Monthly
SA




Country Last Previous
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.90 Apr/19
France 50.00 Apr/19
Germany 44.40 Apr/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 50.20 Apr/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 52.60 Apr/19


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