The October seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 52.1, increasing 2.3 points from September, marking the highest reading in three months. Manufacturers reported a growth in new orders, output and employment.
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