INEGI: Mexico saw 1.8% year-on-year growth in January

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INEGI: Mexico saw 1.8% year-on-year growth in January

A preliminary estimate from Mexico’s national statistics agency INEGI indicates that the country’s economy likely grew 1.8% in January, but adjusted figures for 2024’s fourth quarter suggesting that the economy shrank by 0.3% paint a less optimistic economic picture.  In a social media post Tuesday, INEGI published its preliminary estimate (IOAE) for January. It reflected a gain over January 2024, though the comparisons to December 2024 indicate…

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Mexico’s Economy Grows 1.8% in January, Reflecting a Fragile Recovery

Mexico’s economy grew 1.8% in January 2025 compared to the same month in 2024. This data comes from preliminary reports by the National Institute of Statistics and Geography (INEGI). This modest increase signals a fragile recovery following a challenging 2024, when annual GDP growth slowed to 1.3% from 3.2% in 2023. Month-over-month, economic activity rose […]

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The Bank of Mexico (Banxico) halved its forecast of economic growth by 2025, adjusting it from 1.2% to 0.6%, according to a statement issued on Wednesday, February 19. This review is due to an expected economic weakness, especially in the first half of the year, attributed to a decrease in consumption and private investment due to the “high uncertainty” generated by the policies of the new US government. adn40 Always With Me. Subscribe to our Wh…

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MEXICO CITY.— By January 2025, the Timely Indicator of Economic Activity (IOAEI) anticipated an annual increase of 1.8 percent and 0.1 percent per month in Mexican economic activity, revealed on Tuesday the National Institute of Statistics and Geography (Inegi). Within economic activities, an annual decrease is expected in secondary activities, covering manufacturing and construction, of 1.7 percent in January. While a 2.8 percent increase in te…

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Mexico’s economic activity grew 1.8% in January relative to the same month of the previous year, according to preliminary figures published on Tuesday by Inegi . Compared to the previous month, the economy would have grown 0.1% in January, according to the agency. By December, the timely indicator of economic activity (IOAE) estimates that there will be a decrease of 0.3% in economic activity. “The above would be consistent with a quarterly cont…