The June seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 46.3, dipping 0.4 points from May and marking the twelfth consecutive month below 50. Manufacturers reported a falloff in new orders, production, and employment amid tariff declarations.
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
