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Home Economy

Services and trade drive growth in Mexican economic activity in April

The Timely Indicator of Economic Activity increased 0.7% at an annual rate in the fourth month of the year, INEGI reported.

T21 Media by T21 Media
19 May, 2025
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Due to improved performance in the service and trade sectors, and after a decline last March, Mexican economic activity showed a rebound of 0.7% in April 2025 at an annual rate, anticipated the Timely Indicator of Economic Activity (IOAE) , published this Monday by the National Institute of Statistics and Geography (INEGI) .

According to the report, the IOAE showed no monthly changes in the fourth month of the year.

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By economic activity group, an annual decline of 0.8% is expected in secondary industries, which include manufacturing and construction,   in the aforementioned month.

In tertiary activities , which include services such as commerce, transportation and communications, education and health, an annual increase of 1.5% is expected.

On a monthly basis, no changes are expected in the  Global Economic Activity Indicator (GEI)  for secondary activities; tertiary activities are expected to decline by  0.1%  for April of this year.

The upward trend in economic activity in April follows declines in February and March 2025, after a positive start to the year with a slight increase of 1.8% at an annual rate last January.

The April IOAE figures come at a time when the National Consumer Price Index (INPC) stood at 3.93% annually in the fourth month of 2025, marking a third consecutive month of inflation in Mexico.

They also occur during a period of uncertainty caused by a US-led tariff policy that has spread throughout the world, pending what will happen after a 90-day truce.

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According to INEGI, the IOAE provides timely econometric estimates of the evolution of the Global Economic Activity Indicator, as well as secondary and tertiary activities.

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Tags: DUTYINEGIIOAE MEXICAN ECONOMYTERTIARY ACTIVITESTIMELY INDICATOR OF ECONOMIC ACTIVITY

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