The December 2024 seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 49.8, dipping 0.1 points from November and marking the sixth consecutive month below the 50 no-change mark. Manufacturers reported mild declines in new orders, output, and employment.
The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times, and stocks of raw materials. A reading above 50 indicates growth, while below represents a contraction. See S&P Global
