The December 2025 seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) decreased 1.2 points from November to 46.1, marking the fourth straight month below 50. Manufacturers reported a decline in production and the quickest drop in new orders since June.
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