Mexico - August 2026

MEXICO | GFCF up year-on-year. On 5 August Mexico’s national statistics institute (Inegi) announced that gross fixed capital formation (GFCF) increased by 2.4% in year-on-year terms in May, although it fell by 0.4% in monthly terms. This follows a 4.0% monthly rise in April, when GFCF rose by 5.2% in annual terms, according to the latest figures. The annual rise in May was the result of a 2.0% increase in construction investment, while investment in equipment and machinery was up by 2.5%. The monthly decline was caused by a 2.4% drop in construction investment, while investment in machinery and equipment rose by 1.5% compared to April.

MEXICO | Remittances rise in first half of 2026. On 3 August Mexico’s central bank (Banxico) announced that the country received US$30.76bn in remittances in the first half of 2026, up 3.1% year-on-year and a record for the period, according to Spanish newspaper El País. In June alone, inflows totalled US$5.47bn, up 4.2% year-on-year, reflecting a 0.4% rise in the number of transfers and a 3.8% rise in the average remittance amount, to US$422. Some 99.2% of inflows in the first half of this year arrived electronically. The June remittance total is down on US$5.61bn received in May.

MEXICO | Estimated GDP rebound in Q2. On 30 July Mexico’s national statistics institute (Inegi) released preliminary GDP figures for the second quarter of 2026, showing an estimated increase of 1.5% in quarterly terms and 2.1% in yearly terms. This follows a quarterly decline of 0.6% and 0.4% yearly growth in the first quarter of the year, according to the latest figures. Activity in the primary sector (agriculture) grew by 3.3% in quarterly terms, the secondary sector (manufacturing) grew by 1.6%, and the tertiary sector (services) by 1.5%. In year-on-year terms, the primary sector grew by 7.3%, while the secondary sector increased by 0.8% and the tertiary by 2.5%.

Mexico: GDP growth
Percentage variation (year-on-year)

Mexico: unemployment rate
Economically active population

Mexico: inflation rate
Percentage variation (year-on-year)

Source (all graphs): National Statistics Institute (Inegi)