FX.co ★ Mexico Economic Activity Grows More Than Expected in March

Mexico’s economic activity increased by 1.4% year-on-year in March 2026, surpassing market expectations of a 0.5% rise and rebounding from a 0.3% contraction in February. Growth was driven primarily by the tertiary sector, which expanded by 2.8%, supported by robust advances in sports, cultural and recreational services (12.3%), public administration (11.3%), and wholesale trade (8.2%).

The primary sector also posted solid gains, growing 2.2%, as agricultural production rose 2.0% and livestock output increased 2.6%. By contrast, the secondary sector shrank 1.3%, dragged down by contractions in construction (-6.2%) and manufacturing (-1.0%).