Mexico Economy & Mexico Markets Data analytics
MacroVar monitors real-time economic, financial and geopolitical developments for the Mexico economy and Mexico markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.
Mexico Overview
Mexico Overview presents the current trends and dynamics of the major Mexico financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.
| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| S&P/BMV IPC | 54279.9 | 1.78 | 0.02 | 0.6 |  |
|||||||||
|
||||||||||||||
| Mexico 2-Year Bond Yield | 10.45 | 0.1 | 0.01 | -9.29 | |
|||||||||
|
||||||||||||||
| Mexico 10-Year Bond Yield | 10.42 | 3.56 | 0.07 | 14.28 | |
|||||||||
|
||||||||||||||
| Manufacturing PMI | 51.1 | 0 | 0 | 0 | |
|||||||||
|
||||||||||||||
| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| S&P/BMV IPC | 54279.9 | 1.78 | 0.02 | 0.6 | |
|||||||||
|
||||||||||||||
| Mexico Capped ETF | 60.29 | 2.22 | 0.04 | -3.72 | |
|||||||||
|
||||||||||||||
| Mexico 2-Year Bond Yield | 10.45 | 0.1 | 0.01 | -9.29 | |
|||||||||
|
||||||||||||||
| Mexico 10-Year Bond Yield | 10.42 | 3.56 | 0.07 | 14.28 | |
|||||||||
|
||||||||||||||
| Mexico Yield Curve | -0.39 | -5.8 | 0.55 | -81.64 | |
|||||||||
|
||||||||||||||
| Mexican Peso US Dollar (MXN/USD) | 17.83 | 0.08 | -0.03 | 5.94 | |
|||||||||
|
||||||||||||||
| Mexico Credit Default Swaps | 126.5 | 0 | 123.25 | 0 | |
|||||||||
|
||||||||||||||
| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Manufacturing PMI | 51.1 | 0 | 0 | 0 | |
|||||||||
|
||||||||||||||
| GDP Growth (annual) | 2.2 | 38 | 38 | -51 | |
|||||||||
|
||||||||||||||
| Inflation CPI | 4.98 | 6 | 6 | -28 | |
|||||||||
|
||||||||||||||
| Unemployment rate | 2.6 | 0 | 0 | -10 | |
|||||||||
|
||||||||||||||
| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USDMXN Implied Volatility | 10.19 | 2.83 | -0.03 | -0.59 | |
|||||||||
|
||||||||||||||
| S&P/BMV IPC | 54279.9 | 1.78 | 0.02 | 0.6 | |
|||||||||
|
||||||||||||||
| Mexico 2-Year Bond Yield | 10.45 | 0.1 | 0.01 | -9.29 | |
|||||||||
|
||||||||||||||
| Mexico 10-Year Bond Yield | 10.42 | 3.56 | 0.07 | 14.28 | |
|||||||||
|
||||||||||||||
| Mexican Peso US Dollar (MXN/USD) | 17.83 | 0.08 | -0.03 | 5.94 | |
|||||||||
|
||||||||||||||
| Mexico Credit Default Swaps | 126.5 | 0 | 123.25 | 0 | |
|||||||||
|
||||||||||||||
Mexico Economic Calendar
Economic calendar presents real-time updates for actual, forecasts and consensus values of economic indicators and updates related to the United States economy.
| Time | Imp | Event | Country | Actual | Previous | Forecast |
|---|---|---|---|---|---|---|
| 21/11 12:00 | retail sales mom | Mexico | 0.1% | 0.1% | 0.2% | |
| 21/11 12:00 | retail sales yoy | Mexico | -1.5% | -0.8% | -1.0% | |
| 22/11 12:00 | gdp growth rate | Mexico | 0.2% | 1.0% | ||
| 22/11 12:00 | gdp annual growth rate | Mexico | 2.1% | 1.5% | ||
| 25/11 15:00 | current account | Mexico | $3639M | $ -5200M | ||
| 27/11 12:00 | balance of trade | Mexico | $-0.58B |
Mexico Economic Overview
Mexico economic overview presents a snapshot of Mexico current economic conditions. You can find details for the Mexico economy subsections by exploring the sections below.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Manufacturing PMI | mx.manpmi | 49.6 | 51.1 | -3 | -7 | Down | Down |
Mexico Manufacturing
MacroVar tracks hundreds of indicators related to Mexico manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Mexico economy.
| 1Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Manufacturing PMI | mx.manpmi | 49.6 | 51.1 | -3 | -7 | Down | Down |
| industrial production | mx.indproduction | -0.4 | -0.4 | 0 | -110 | Down | Down |
Mexico consumer sentiment
Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Mexico employment and Mexico consumer activity (building permits).
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| consumer confidence | mx.consconfidence | 49.4 | 47.4s | 4 | 7 | UP | UP |
| unemployment rate | mx.unemploymentrate | 2.9 | 3s | -3 | 0 | UP | Down |
| retail sales | mx.retailsalesan | -1.5 | -0.8s | 88 | -150 | Down | Down |
| retail sales MoM | mx.retailsales | 0.1 | 0.1s | 0 | -67 | UP | Down |
| car registrations | mx.carregistrations | 50501.0 | 57912s | -13 | 0 | Down | UP |
Mexico Construction
The Mexico construction sector is a significant component of the Mexico economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|
Mexico Macroeconomic outlook
Mexico Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Mexico economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Mexico macroeconomic model in detail.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| gdp | mx.gdp | 1788.89 | 1414.19 | 26 | 52 | UP | UP |
| Real GDP | mx.realgdp | 25266808.8 | 25227500 | 0 | 41 | UP | UP |
| gdp growth annual | mx.gdpgrowthan | 1.5 | 2.1 | -29 | -67 | Down | Down |
| gdp growth | mx.gdpgrowth | 1.0 | 0.2 | 400 | -300 | UP | UP |
| inflation cpi | mx.inflationcpi | 4.76 | 4.58 | 4 | -10 | UP | Down |
| interest rate | mx.interestrate | 11.0 | 11 | 0 | -2 | Down | Down |
| unemployment rate | mx.unemploymentrate | 2.9 | 3 | -3 | 0 | UP | Down |
| external debt | mx.externaldebt | 590701.5 | 609724 | -3 | 28 | UP | UP |
| government debt to gdp | mx.govdebtgdp | 49.7 | 46.8 | 6 | 47 | UP | UP |
| current account | mx.currentaccount | 3639.0 | -21374 | -117 | -38 | UP | Down |
| current account to gdp | mx.currentaccountgdp | -1.5 | -1.2 | 25 | 0 | Down | Down |
| exports | mx.exports | 49625.9 | 51915.5 | -4 | -0 | Down | Down |
| imports | mx.imports | 50204.9 | 56783.5 | -12 | -2 | Down | Down |
| foreign exchange reserves | mx.fxreserves | 231867.0 | 230745 | 0 | 11 | UP | UP |
| gold reserves | mx.goldres | 120.15 | 120.38 | -0 | 0 | UP | UP |
| government revenues | mx.govrev | 4070935.6 | 3690930 | 10 | 647 | UP | UP |
| fiscal expenditure | mx.fiscalexp | 6705281.2 | 5948880 | 13 | 847 | UP | UP |
Mexico Inflation
MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend |
|---|---|---|---|---|---|---|
| inflation cpi | mx.inflationcpi | 4.76 | 4.58 | 4 | -10 |  |
| core inflation rate | mx.coreinflationrate | 3.8 | 3.91 | -3 | -13 |  |
Mexico Employment
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Mexico employment. Mexico employment is one of the major factors affecting Mexico monetary policy.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| unemployment rate | mx.unemploymentrate | 2.9 | 3 | -3 | 0 | UP | Down |
Mexico Monetary Policy
Mexico Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| interest rate | mx.interestrate | 11.0 | 11 | 0 | -2 | Down | Down |
| central bank balance sheet | mx.cb.assets | 5191603250.0 | 5279790000 | -2 | 23 | UP | UP |
| banks balance sheet | mx.banks.bs | 11838381.64 | 11890800 | -0 | 9 | UP | UP |
| money supply m1 | mx.msm1 | 7593629500.0 | 7517310000 | 1 | 11 | UP | UP |
| money supply m2 | mx.msm2 | 14527564544.0 | 14404000000 | 1 | 13 | UP | UP |
| government debt to gdp | mx.govdebtgdp | 49.7 | 46.8 | 6 | 47 | UP | UP |
| loans to private sector | mx.loanprivate | 3534114294.17 | 3460030000 | 2 | 13 | UP | UP |
| Mexico Credit Rating (S&P) | RATING.S&P.MX | ||||||
| Mexico Credit Rating (Moody's) | RATING.MOODYS.MX | ||||||
| Mexico Credit Rating (Fitch) | RATING.FITCH.MX |
Mexico Fiscal Policy
Mexico Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| government revenues | mx.govrev | 4070935.6 | 3690930 | 10 | 647 | UP | UP |
| fiscal expenditure | mx.fiscalexp | 6705281.2 | 5948880 | 13 | 847 | UP | UP |
| government budget | mx.govbudget | -5.0 | -3.4 | 47 | 100 | Down | Down |
| Government budget | mx.govbudgetvalue | -993240.4 | -832155 | 19 | 54 | Down | Down |
| government debt to gdp | mx.govdebtgdp | 49.7 | 46.8 | 6 | 47 | UP | UP |
Mexico Trade
Mexico trade activity is monitored by tracking Trade and Capital flows.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| current account | mx.currentaccount | 3639.0 | -21374 | -117 | -38 | UP | Down |
| current account to gdp | mx.currentaccountgdp | -1.5 | -1.2 | 25 | 0 | Down | Down |
| balance of trade | mx.balanceoftrade | -579.0 | -4868 | -88 | -61 | Down | UP |
| imports | mx.imports | 50204.9 | 56783.5 | -12 | -2 | Down | Down |
| exports | mx.exports | 49625.9 | 51915.5 | -4 | -0 | Down | Down |
| capital flows | mx.capitalflows | -2.74 | 9.98 | -127 | -73 | UP | UP |
| foreign direct investment | mx.fdi | 5080.9 | 26015.4 | -80 | -13 | Down | Down |
| external debt | mx.externaldebt | 590701.5 | 609724 | -3 | 28 | UP | UP |
| foreign exchange reserves | mx.fxreserves | 231867.0 | 230745 | 0 | 11 | UP | UP |
| gold reserves | mx.goldres | 120.15 | 120.38 | -0 | 0 | UP | UP |