The seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) in October was 50.3, marking no change from September. Manufacturers reported lower demand, supply shortages and liquidity concerns as drivers for the continued slowdown.
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. See S&P Global