The November seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 52.5, rising 0.4 points from October, marking the highest reading in four months. Manufacturers reported growth in new orders as the core driver of November’s improvement.
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
