The June seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 51.1, down 0.1 points from May but still signaling growth with new orders increasing for the fifth consecutive month. Manufacturers reported a rise in new orders and output.
The PMI index is comprised of 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
