Macro Analysis /

Mexico: IP – Resilient at the end of 2Q22

  • IP rose 0.1% m/m in June (3.8% y/y), with mining (+2.1%) and construction (+0.3%) rebounding, and manufacturing flat

  • Results still show some dynamism in industry, and coupled with revisions, are in line with 2Q22 GDP preliminary figures

  • The outlook seems challenging, with a stronger slowdown in the US and high inflation among the main risks

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

11 August 2022
Published byBanorte


Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.