FX.co ★ Mexico's Manufacturing Sector Shows Signs of Recovery as PMI Ticks Up in May

Mexico's manufacturing sector is showing initial signs of recovery, as indicated by the latest S&P Global Manufacturing PMI figures. The Purchasing Managers' Index (PMI) for Mexico improved to 46.70 in May 2025, up from April's figure of 44.80. This movement, updated on June 2, 2025, provides a more optimistic outlook for the sector, as it suggests the manufacturing economy is slowly edging towards expansion.

The PMI, while still below the neutral mark of 50, indicates a slower rate of contraction than previously recorded. The uptick can be perceived as a positive signal for investors and policymakers alike, hinting at potential stabilization amidst recent economic challenges. Although the indicator remains in contraction territory, the month-on-month increase reinforces hopes that the manufacturing downturn may be nearing a bottom.

Analysts will be closely watching the coming months for further data to confirm whether these gains can be sustained and potentially lead to an expansion. A consistent upward trend could signify a stronger recovery for the Mexican economy, contributing to broader economic resilience in the face of global uncertainties.