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Mexico Manufacturing PMI

Mexico's Manufacturing PMI fell to 49.6 in September 2025 from 50.2 in August, a 1.2% decrease. This contraction stemmed from a slowdown in new export orders due to weaker U.S. demand and ongoing U.S. tariff impacts. Despite overall manufacturing output contracting, electronic equipment manufacturing grew 4.2% year-over-year in May 2025. Increased input costs continue to pressure manufacturers. Mexico's record low Manufacturing PMI was 44.8 in April 2025 and record high was 53.2 in July 2023.

Monthly Historical Data (2022-2025)

(in points)
Month Manufacturing PMI (points)
Sep 2025 49.6
Aug 2025 50.2
Jul 2025 49.1
Jun 2025 46.3
May 2025 46.7
Apr 2025 44.8
Mar 2025 46.5
Feb 2025 47.6
Jan 2025 49.1
Dec 2024 49.8
Nov 2024 49.9
Oct 2024 48.4
Sep 2024 47.3
Aug 2024 48.5
Jul 2024 49.6
Jun 2024 51.1
May 2024 51.2
Apr 2024 51
Mar 2024 52.2
Feb 2024 52.3
Jan 2024 50.2
Dec 2023 52
Nov 2023 52.5
Oct 2023 52.1
Sep 2023 49.8
Aug 2023 51.2
Jul 2023 53.2
Jun 2023 50.9
May 2023 50.5
Apr 2023 51.1
Mar 2023 51
Feb 2023 51
Jan 2023 48.9
Dec 2022 51.3
Nov 2022 50.6
Oct 2022 50.3
Sep 2022 50.3
Aug 2022 48.5

Recent Events

datetime event actual previous consensus
2025-10-01 11:00 AM S&P Global Manufacturing PMI (Sep) 49.6 50.2 -
2025-09-01 11:00 AM S&P Global Manufacturing PMI (Aug) 50.2 49.1 -

Next Release Date :

Mexico Manufacturing PMI : Definition
The Mexico Manufacturing PMI from S&P Global measures the economic health of Mexico's manufacturing sector. It is calculated using survey responses from purchasing managers in approximately 300 manufacturing firms. The index is a weighted average of five key sub-components: new orders, production, employment, supplier delivery times and stocks of purchases. A reading above 50 indicates expansion in the manufacturing sector while a reading below 50 signals contraction.