After two consecutive months of declines (November and December 2025), manufacturing orders increased in January 2026 on a monthly basis, the National Institute of Statistics and Geography (Inegi) announced on Tuesday .
The Manufacturing Orders Indicator (IPM) stood at 50.8 points , a monthly advance of 3.5 units in the first month of the year.
The IPM, which presents the expectations and perception of business executives on the behavior of the manufacturing sector in Mexico, also registered a good performance in its annual measurement, with an increase of 0.2 points .
Within the IPM, monthly increases were recorded in four of the five components that make it up.
In January 2026, orders grew by 8.7 units compared to December 2025. Input inventories showed a monthly increase of 7.1 points, and total employed personnel reported an increase of 0.6 units.
Timeliness in the delivery of inputs from suppliers registered an increase of 0.1 points, while production fell 0.4 units in the cycle in its monthly measurement.
By subsector group within the IPM, the largest year-on-year declines were in non-metallic minerals and basic metals, with a drop of 5.7 points. This was followed by metal products, machinery, equipment, and furniture, with a decrease of 3.4 points. Conversely, the largest increase was in transportation equipment, with a year-on-year rise of 2.2 points.
The result for the first month of the year of the MPI represents the second best reading in the last four months, only behind the figure reached last October, when this indicator stood at 53 points, according to original figures.
The good pace of the IPM achieved last January is also in line with the Foreign Direct Investment that the manufacturing industry attracted in the third quarter of 2025, with a foreign capital receipt of 37% , according to the Ministry of Economy .
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