FX.co ★ Mexico’s Economic Activity Turns Negative in January, Snapping December Growth Momentum

Mexico’s economic activity slipped into negative territory at the start of 2026, with the year-over-year indicator registering a -0.30% change in January 2026. This marks a sharp reversal from December 2025, when the same indicator showed a solid 3.30% year-over-year increase.

The data, updated on 24 March 2026, highlight a notable loss of momentum in Mexico’s economy on an annual comparison basis. While December reflected robust expansion versus the same month a year earlier, January’s reading indicates a contraction compared with January of the previous year. This shift underscores rising uncertainty around the strength and durability of Mexico’s recent growth trend.