Mexico Economic Activity Beats Forecasts in October

In October 2025, Mexico's economic activity index demonstrated significant growth by increasing 1.7% compared to the previous year. This marks an upturn from a 0.8% rise observed in September and surpasses market predictions of a 1.0% increase. The primary sector was a key driver in this growth, expanding by 12.4%. This was primarily due to an impressive 19.1% surge in agriculture and a 3.1% growth in livestock activity. The services sector also contributed with a 2.4% increase, buoyed by growth in business support, waste management and remediation services (9.3%), professional and technical services (7.6%), as well as cultural, sports, and other recreational services (6.4%). On the flip side, the secondary sector experienced a slight contraction of 0.4%, which was affected by declines in manufacturing (-1.3%) and mining (-0.7%). From a seasonally adjusted perspective, monthly activity rose by 1.0%, marking a recovery from a 0.4% dip recorded in September.