Macro Analysis /

Mexico: IMEF’s PMIs – Positive results in both components in May

  • Both manufacturing (52.3pts) and non-manufacturing (53.6pts) were higher, suggesting strength in the month

  • In the former, all components were higher except ‘deliveries’. In the latter, gains were broad, but ‘employment’ lagged

  • The report signals that the recovery continued, especially for non-manufacturing, with some risks for the other sector

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

1 June 2021
Published byBanorte


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