Macro Analysis /
Global

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

Banorte
1 June 2021
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