Driven by growth in primary, secondary, and tertiary activities on a monthly basis, the Mexican economy showed a rebound both monthly and annually in October 2025.
In the tenth month of 2025, Mexican economic activity increased by 1% compared to September 2024 , which meant the highest growth rate so far this year, according to the Global Indicator of Economic Activity (IGAE) , prepared by the National Institute of Statistics and Geography (Inegi) .
In its annual measurement, this indicator registered a rise of 1.6 percent . The IGAE, which allows for monitoring and tracking the evolution of the real sector of the economy in the short term, stood at a level of 105.6 points.
By component, primary activities , which include agriculture and livestock, increased by 1.4%; while secondary activities , which include manufacturing and construction, also increased by 0.7% monthly.
Meanwhile, tertiary activities , which involve services – including the transport, postal and storage sectors – registered an increase of 1.2% in October 2025 compared to last September.
On an annual basis, primary activities grew 11.8%, secondary activities decreased 0.7%, and tertiary activities increased 2.5%.
The transportation, postal, and warehousing sector grew 0.9% compared to last September . In its annual measurement, Mexico’s logistics industry also showed positive figures, with a 1.9% increase in economic activity, according to the IGAE (Global Indicator of Economic Activity).
The increase in economic activity in Mexico gives positive signs in this area, in a trade environment framed by tariff uncertainty.
Manufacturing activity expected to decline in November
Amid the protectionist trade policy of the United States, Mexican manufacturing activity would have experienced an annual decline in November 2025, according to data from the Monthly Indicator of Manufacturing Activity (IMOAM) .
The report, prepared by Inegi, anticipated a drop of 1.8% compared to the same month last year.
In the penultimate month of the year, the IMOAM registered a value of 104.9 points , as an advance calculation of this indicator.
Comment and follow us on X: @GrupoT21
