Mexico's Q2 GDP Growth Slips to 2.1% as Industrial Output Lags at 1.5%
Updated
Updated · cryptorank.io · Aug 24
Mexico's Q2 GDP Growth Slips to 2.1% as Industrial Output Lags at 1.5%
3 articles · Updated · cryptorank.io · Aug 24
Summary
Mexico’s economy grew 2.1% year on year in Q2 2025, missing the 2.2% analyst forecast, while seasonally adjusted growth rose 0.5% from the prior quarter.
Services drove the expansion with 2.4% annual growth and agriculture rose 3.1%, but industrial activity increased only 1.5%, reflecting weakness in construction and softer external demand.
Banxico may face stronger pressure to cut rates in August if inflation keeps easing, as the softer GDP print adds to signs of a cooling economy.
The peso held near 18.2 per U.S. dollar, with investors balancing resilient domestic services against weaker industry and broader trade uncertainty.