Due to improved year-on-year performance in the services sector —which includes activities such as transportation and storage— , the Mexican economy would have rebounded in May 2026.
The Timely Indicator of Economic Activity (IOAE), prepared by the National Institute of Statistics and Geography (Inegi) , anticipated a 1.1% year-on-year increase in the country’s economic activity during the fifth month of the year. On a monthly basis , the indicator would have remained unchanged.
The year-on-year increase signals moderate economic expansion in Mexico , despite ongoing global trade fluctuations and geopolitical conflicts such as those in the Middle East. However, caution remains.
According to the Inegi report, by economic activity groups , an annual increase of 0.7% is expected in secondary activities , which include the manufacturing and construction industries.
In the tertiary sector , which includes services such as commerce, transportation and storage, communications, education, and healthcare, an annual increase of 1.7% is projected. Furthermore, a 1.1% increase in the Global Indicator of Economic Activity (IGAE) is anticipated, also on an annual basis.
In its monthly measurement, the IGAE and tertiary activities are expected to show no variation; while a decrease in secondary activities of 0.2% is estimated for May 2026.
According to Inegi, the IOAE is a statistical tool that allows anticipating the behavior of the IGAE, as well as secondary and tertiary activities, up to five weeks in advance.
Its measurement is important, as it allows for a preliminary view of economic behavior in order to make informed decisions for better planning in this area.
