The Mexican manufacturing industry has been one of the hardest hit by the United States’ protectionist economic policy, which has affected manufacturing orders, which remained unchanged last August.
The Manufacturing Orders Indicator (MPI) registered a monthly variation of zero points and stood at 49.4 units in the eighth month of 2025, thus remaining, for the second consecutive month, below the threshold of 50 points, revealed the National Institute of Statistics and Geography (INEGI) .
The IPM, which presents the expectations and perceptions of business executives regarding the performance of the manufacturing sector in Mexico, showed an annual decline of 3.9 points .
In its internal report, monthly increases were recorded in three of the five components that comprise it.
In August 2025, the orders component reported a decrease of 1.1 units. Meanwhile, expected production fell 0.5 points compared to last July.
The components of employed personnel and the timeliness of delivery of inputs by suppliers showed increases of 0.2 points and 2.2 units, respectively.
In the eighth month of the year, inventories of inputs also performed well, with an increase of 2.5 points compared to July 2025.
Meanwhile, by subsector group, of the aggregates comprising the IPM, those that showed the greatest annual declines were petroleum and coal derivatives, the chemical industry, and the plastics and rubber industries, with 10.6 points.
This was followed by non-metallic minerals and basic metals , with a decline of 6.4 points, and by computer equipment, electronic accessories, and electrical appliances, with a 2.7-point drop year-on-year.
Weak consumption and global tariff uncertainty led to a decline in manufacturing orders last August; however, estimates from institutions such as BBVA Research indicate a gradual recovery in the manufacturing industry.
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