Inegi presented for the first time in the Timely Indicator of Economic Activity (IOAE) in order to measure in advance the evolution of the economy in Mexico.

With this new indicator, the aim is to make nowcasts of the Global Indicator of Economic Activity (IGAE), as well as of secondary and tertiary activities, and their behavior in annual terms. According to the institute, the Timely Indicator of Economic Activity anticipates that the IGAE would have a real annual contraction of 7.9% in August, while in September it would present a drop of 6.9%.

Complete article (Spanish)