As a result of improved performance in the services sector —which includes activities such as transportation and storage—, Mexican economic activity would have grown in July 2026.
The Timely Indicator of Economic Activity (IOAE), prepared by the National Institute of Statistics and Geography (Inegi) , anticipated an annual increase of 2.7% in Mexican economic activity in the seventh month of the year.
In its monthly measurement, the indicator would also have shown a positive figure, registering an increase of 0.1% last July.
This rebound signals a moderate economic expansion in Mexico , coupled with a slowdown in inflation, which in July 2026 stood at 3.12% compared to its annual comparison.
According to the Inegi report, by economic activity groups, an annual increase of 1.8% is expected in secondary activities —manufacturing and construction—.
In tertiary activities , which include services such as commerce, transport and storage, communications, education and health, an increase of 2.8% per year is estimated.
By July 2026, the IOAE projected an annual growth of 2.7% in the Global Indicator of Economic Activity (IGAE) .
On a monthly basis, the IGAE, as well as secondary and tertiary activities, are expected to register an increase of 0.1% by July 2026.
The IOAE estimate for the seventh month of the year shows a positive performance of secondary and tertiary activities in Mexico, both on a monthly and annual basis, which, if it materializes, would mean a respite for the Mexican economy, since it would begin the third quarter of the year with slight growth.
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, according to Inegi.
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