AI Intelligence Summary
Mexico is the principal beneficiary of nearshoring trends as companies reduce China supply chain dependence. US-Mexico-Canada Agreement (USMCA) locks in preferential access to the world's largest consumer market. Banxico has maintained aggressive monetary policy. The new AMLO successor faces fiscal consolidation challenges given Pemex liabilities and social spending commitments. Rule of law and security concerns remain structural impediments to FDI realisation.
2.80%
GDP Growth
4.50%
CPI Inflation
4.20%
Core CPI
2.80%
Unemployment
11.00%
Policy Rate
6.50%
Real Rate
49.60%
Debt/GDP
52.40
PMI
GDP Growth Rate
Annual real GDP growth (%)
Inflation (CPI)
Consumer price index annual change (%)
Monetary Policy Rate
Central bank benchmark rate (%)
Unemployment Rate
% of labour force unemployed
Full Indicator Dashboard
| Indicator | Value | Status |
|---|---|---|
| GDP Growth | 2.80% | strong |
| Headline Inflation | 4.50% | elevated |
| Core Inflation | 4.20% | elevated |
| Unemployment Rate | 2.8% | low |
| Policy Rate | 11.00% | restrictive |
| Real Interest Rate | 6.50% | tight |
| Yield Curve Spread | 3.48% | normal |
| Debt / GDP | 49.6% | sustainable |
| Current Account | -0.20% | deficit |
| Fiscal Balance | -3.80% | deficit |
| PMI (Composite) | 52.4 | expansion |
| M2 Growth | 8.20% | moderate |
| Industrial Production | 3.20% | growing |
| Trade Balance | $-28.4B | deficit |
| FDI Inflows | $36.4B | strong |
| FX Reserves Coverage | 5.8 months | moderate |