FX.co ★ Mexico’s Private Spending Rebounds in Q2 2026, Turning Positive After Early-Year Slump

Mexico’s private spending returned to growth in the second quarter of 2026, reversing a contraction seen at the start of the year, according to data updated on 18 September 2026. On a quarter-over-quarter basis, private spending rose by 0.90% in Q2 2026, following a 0.80% decline in the first quarter.

The shift from -0.80% in Q1 2026 to 0.90% in Q2 2026 signals a notable improvement in domestic demand within a single quarter. In quarter-over-quarter terms, the latest reading reflects not only a recovery from the previous slump but also a net strengthening in private sector activity. The “actual” figure compares second-quarter spending to the first quarter, while the “previous” figure captured the first quarter’s decline relative to the quarter before it, highlighting a clear turnaround in momentum for Mexico’s private consumption and investment.