Mexico: IMEF’s PMI surveys – Positive signals at the start of 3Q22

  • Manufacturing rose to 52.2pts (3.1pts), driven by ‘new orders’ and ‘production’, with all items above 50pts

  • Non-manufacturing also went up, reaching 52.2pts (0.5pts), with gains centered in ‘production’ and ‘deliveries’

  • Results suggest that activity has benefited from resilient domestic demand and some positive external factors

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