The September seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) decreased 0.6 points from August to 49.6. Manufacturers reported a decline in output and employment amid increased new orders.
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