FX.co ★ Mexico’s Economic Activity Turns Positive in February After January Contraction

Mexico’s economic activity showed a modest but notable turnaround in February 2026, edging into positive territory after a sharp contraction at the start of the year. According to the latest data updated on 24 April 2026, the month‑over‑month indicator rose to 0.10% in February, compared with a -0.90% reading in January 2026.

The figures indicate that while the recovery is still fragile, the economy managed to halt a short‑term downturn and return to slight growth. The January data reflected a significant month‑over‑month decline versus December, whereas February’s improvement suggests a stabilization in activity levels from the prior month.

On a comparative basis, the February result is measured against January 2026, while the earlier January figure is benchmarked against December 2025. This month‑over‑month approach highlights the shift from a pronounced contraction to marginal expansion, signaling that Mexico’s economy may be regaining some momentum after a weak start to the year.