
Mexican manufacturing activity is expected to have declined during February 2026 , according to the Monthly Indicator of Manufacturing Activity (IMOAM).
In the second month of the year, the IMOAM, prepared by the National Institute of Statistics and Geography (Inegi) , anticipated a decrease of 4.6% compared to February 2025.
According to Inegi, this indicator registered a value of 99.3 points , as an advance calculation of the Monthly Indicator of Industrial Activity (IMAI) of the manufacturing sector.
“The IMOAM has established itself as a reliable estimation tool, and is continuously evaluated by comparing it with the IMAI,” the agency stated.

Despite the drop in manufacturing activity last February, this sector remains attractive for attracting Foreign Direct Investment (FDI).
At the close of 2025, Mexico received $40.871 billion in FDI , which represented a growth of 10.8% compared to what was received in 2024, when it was $36.872 billion, according to the Ministry of Economy .
Of the total FDI in 2025, more than 30% was concentrated in manufacturing, reflecting the importance of this industry for foreign capital.
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