LatinNews Daily - 24 February 2026

*Mexico’s national statistics institute (Inegi) has released GDP figures for the final quarter of 2025, showing growth rates of 0.9% in quarterly terms and 1.8% in yearly terms. This follows quarterly growth of 0.1% in the previous quarter, 0.5% in the second quarter, and 0.3% in the first. In Q4, activity in the primary sector (agriculture) was down 1.4% in quarterly terms, while the secondary sector (manufacturing) and tertiary sector (services) were both up by 0.9%. In year-on-year terms, the primary sector saw growth of 7.8% compared to Q4 2024, while the tertiary sector grew by 2.1% and the secondary sector was up by 0.3%. In a separate statement, Inegi released its latest global indicator of economic activity (Igae) showing that economic activity was up 0.4% in December compared with the previous month, according to seasonally adjusted figures. This follows a monthly decline of 0.1% in November. In year-on-year terms, activity increased by 2.4% as compared to December 2024. Activity in the primary sector was up 6.5% in monthly terms, while secondary and tertiary sectors both grew 0.2%. In yearly terms the primary sector was up 11.7%, the secondary sector was up 1.5%, while the tertiary sector was up 2.2%.

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