Download the full Latin America Weekly Highlights and Preview Mexico Industrial production started to recover at the beginning of the year as expected given the reacceleration of investment in infrastructure. The economy continued to work under tight monetary conditions and external demand remains moderate. Hence, the index of industrial production reported a marginal advance in January, growing 2.9%, after no growth in the previous month and a gain...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2023 Q3 | 17,556,010 | 17,354,092 | Mil. 2018 MXN, SAAR | Quarterly |
Private Consumption | 2023 Q3 | 22,394,427 | 22,088,873 | Mil. MXN, SAAR | Quarterly |
Real Government Consumption | 2023 Q3 | 2,743,569 | 2,730,809 | Mil. 2018 MXN, SAAR | Quarterly |
Nominal Gross Domestic Product | 2023 Q3 | 32,196,647 | 31,354,018 | Mil. MXN, SAAR | Quarterly |
Real Gross Domestic Product | 2023 Q3 | 25,200,668 | 24,933,845 | Mil. 2018 MXN, SAAR | Quarterly |
Investment | 2023 Q3 | 8,002,760 | 7,682,642 | Mil. MXN, SAAR | Quarterly |
Real Investment | 2023 Q3 | 6,462,585 | 6,188,783 | Mil. 2018 MXN, SAAR | Quarterly |
Government Consumption | 2023 Q3 | 3,554,021 | 3,484,624 | Mil. MXN, SAAR | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q3 | 7,930,317 | 7,704,707 | Mil. MXN, NSAAR | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q3 | 6,427,332 | 6,178,241 | Mil. 2018 MXN, NSAAR | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Feb 2024 | 133.68 | 133.56 | Index 2nd half Jul2018=100, NSA | Monthly |
Producer Price Index (PPI) | Jul 2019 | 131.63 | 131.44 | Index Jul2019=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Unemployment Rate | Jan 2024 | 2.85 | 2.61 | %, NSA | Monthly |
Agriculture Employment | 2023 Q4 | 6,438,089 | 6,712,568 | #, NSA | Quarterly |
Tertiary Industries Employment | 2023 Q4 | 37,678,365 | 37,358,994 | #, NSA | Quarterly |
Primary Industries Employment | 2023 Q4 | 6,438,089 | 6,712,568 | #, NSA | Quarterly |
Total Employment | 2023 Q4 | 59,403,947 | 59,167,472 | #, NSA | Quarterly |
Labor Force Employment | 2023 Q4 | 59,403,947 | 59,167,472 | #, NSA | Quarterly |
Labor Force | 2023 Q4 | 61,042,968 | 60,992,668 | #, NSA | Quarterly |
Secondary Industries Employment | 2023 Q4 | 14,909,203 | 14,712,831 | #, NSA | Quarterly |
Unemployment | 2023 Q4 | 1,639,021 | 1,825,196 | #, NSA | Quarterly |
Wage & Salaries | 2022 | 6,959,064 | 6,178,770 | Mil. MXN | Annual |
Real Wages & Salaries | Jun 2019 | 104.7 | 110.7 | Index 2008=100, NSA | Monthly |
Trade | Reference | Last | Previous | Units | Frequency |
Exports of Goods | Jan 2024 | 41,957 | 49,249 | Million Dollars, NSA | Monthly |
Imports of Goods | Jan 2024 | 46,271 | 45,007 | Million Dollars, NSA | Monthly |
Balance of Goods | Jan 2024 | -4,314 | 4,242 | Million Dollars, NSA | Monthly |
Current Account Balance | 2023 Q4 | 11,661 | 907.78 | Mil. USD, NSA | Quarterly |
Real Net Exports | 2023 Q3 | -1,877,599 | -1,801,236 | Mil. 2018 MXN, SAAR | Quarterly |
Imports of Goods and Services | 2023 Q3 | 11,557,431 | 12,191,081 | Mil. MXN, SAAR | Quarterly |
Real Imports of Goods and Services | 2023 Q3 | 11,309,973 | 11,578,786 | Mil. 2018 MXN, SAAR | Quarterly |
Real Exports of Goods and Services | 2023 Q3 | 9,432,373 | 9,777,549 | Mil. 2018 MXN, SAAR | Quarterly |
Exports of Goods and Services | 2023 Q3 | 11,252,509 | 11,556,143 | Mil. MXN, SAAR | Quarterly |
Net Exports | 2023 Q3 | -304,922 | -634,937 | Mil. MXN, SAAR | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Budget Balance | Jan 2024 | -237,152 | -1,220,827 | Mil. MXN YTD, NSA | Monthly |
Government Expenditures | Jan 2024 | 747,169 | 6,435,626 | Mil. MXN YTD, NSA | Monthly |
Government Revenues | Jan 2024 | 510,017 | 5,214,799 | Mil. MXN YTD, NSA | Monthly |
Outstanding Public Debt - Foreign | Dec 2023 | 3,455 | 3,490 | Bil. MXN, NSA | Monthly |
Outstanding Public Debt - Domestic | Dec 2023 | 10,091 | 9,691 | Bil. MXN, NSA | Monthly |
Outstanding Public Debt | Dec 2023 | 13,547 | 13,182 | Bil. MXN, NSA | Monthly |
Markets | Reference | Last | Previous | Units | Frequency |
Lending Rate | 15 Mar 2024 | 11.25 | 11.27 | Percent, NSA | Business Daily |
Stock Market Index | 14 Mar 2024 | 56,059 | 55,848 | Index, NSA | Daily |
Treasury Bills (over 31 days) | 14 Mar 2024 | 11.2 | 11.22 | %, NSA | Thursday Weekly |
Average Long-term Government Bond | 08 Feb 2024 | 9.41 | %, NSA | Thursday Weekly | |
Money Market Rate | Jan 2024 | 11.5 | 11.5 | % p.a., NSA | Monthly |
Monetary Policy Rate | Jun 2017 | 7 | 6.75 | % - End of period | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Dwelling Stocks | 2020 | 35,233,462 | # | Annual | |
House Price Index | 2018 Q4 | 146.5 | 145.5 | Index 2012=100, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Jul 2019 | 105.13 | 106.08 | Dif. Index=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Business Confidence | Feb 2024 | 54.56 | 54.11 | Dif. Index=50, NSA | Monthly |
Industrial Production | Jan 2024 | 104.26 | 103.89 | Index 2018=100, SA | Monthly |
Real Change in Inventories | 2023 Q3 | 60,455 | 73,782 | Mil. 2018 MXN, SAAR | Quarterly |
Change in Inventories | 2023 Q3 | 110,081 | 135,300 | Mil. MXN, SAAR | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2023 Q4 | 129,625,968 | 129,406,736 | #, NSA | Quarterly |
Birth Rate | 2020 | 15.56 | 15.71 | # per 1000 people | Annual |
Death Rate | 2020 | 9.33 | 6.93 | # per 1000 people | Annual |
Net Migration | 2012 | -300,000 | # | Annual | |
Deaths | 2009 | 563,516 | 538,288 | # | Annual |