In July 2022, the Mexican economy would post a 1.5% increase in year-on-year comparison, which would be driven by a rebound in the dynamism of Mexican industries.

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According to the Timely Indicator of Economic Activity (IOAE), secondary activities –manufacturing, energy, construction and the gas and water industry– would register a growth of 2.7% during this period, according to seasonally adjusted figures from Inegi.

For their part, tertiary activities, the most important for the Mexican economy, commerce and services, would be registering an expansion of 0.8% compared to July of last year.

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This indicator shows the preliminary figures on the level of economic activity in the country, through econometric models that evaluate the trend of its two most important sectors.

This advance will be aligned with the projections of international organizations and financial institutions on a better performance of the Mexican economy during the second half of 2022.

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Original note