Mexico’s economic activity grew 3.30% year-over-year in August 2026, easing slightly from the 3.40% annual expansion recorded in July, according to updated figures as of 23 October 2026.
The data show that while momentum has cooled marginally, activity remains firmly in positive territory on a year-over-year basis. The August reading compares the economy’s performance with the same month a year earlier, while July’s 3.40% was likewise measured against July of the previous year.
The small deceleration suggests that Mexico’s economy continues to expand, albeit at a slightly slower pace as the third quarter progresses, with markets likely to watch upcoming releases for signs of whether this moderation persists or stabilizes in the months ahead.