LatinNews Daily - 27 April 2026

*Mexico’s national statistics institute (Inegi) has released its global indicator of economic activity (Igae) for February, showing an increase of 0.1% compared to the previous month but a drop of 0.3% in yearly terms, on seasonally adjusted figures. Both figures fell short of forecasts given by analysts in a Reuters poll, of a 0.5% monthly rise and 0.6% yearly increase. This follows a monthly decrease of 0.7% in January, when the Igae was up by 0.5% year-on-year, according to the latest figures. Activity in the primary (agriculture) sector dropped by 0.3% in monthly terms in February, while activity in the secondary (manufacturing) sector was up 0.4% and the tertiary (services) sector down 0.1%. In yearly terms, activity was up by 2.3% in the primary sector and by 0.2% in the tertiary sector, while the secondary sector saw activity fall by 1.3%.

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