FX.co ★ Mexico’s Economic Activity Rebounds Sharply in March, Turning Positive Year-on-Year

Mexico’s economic activity showed a marked improvement in March 2026, swinging back into positive territory on a year-over-year basis. The indicator climbed to 1.40% in March, a strong reversal from February 2026, when it had registered a decline of -0.40% compared with the same month a year earlier.

The data, updated on 22 May 2026, indicate that the March reading represents a clear turnaround in momentum, with the economy moving from contraction to growth in just one month. The figures compare the performance of each month to the same month of the previous year, highlighting a more favorable backdrop in March after February’s year-over-year setback.

This shift into positive growth suggests that underlying activity strengthened as the first quarter progressed, offering a more constructive signal for Mexico’s near-term economic outlook following February’s temporary dip.