Macro Analysis /
GlobalMexico: IMEF’s PMI surveys – Mixed results, with mounting risks in manufacturing
Both manufacturing (50.3pts) and non-manufacturing (53.2pts) remained in expansion, albeit with a mixed performance
Relevant declines were seen in ‘production’ and ‘inventories’ in the former. The other reached a new high since mid-2017
We remain optimistic about the recovery, but the report flagged some risks for the manufacturing sector
Juan Carlos Alderete Macal
Director of Economic Research @ Banorte
Francisco Jose Flores Serrano
Senior Economist, Mexico @ Banorte
3 May 2021
Published byBanorte
