Overview of Mexico’s Economic Performance in October 2025
The Indicador Global de la Actividad Económica (IGAE) in Mexico increased by 1.6% in October compared to the same month in the previous year, primarily due to a stronger performance from the primary sector. This growth was reported by the Instituto Nacional de Estadística y Geografía (Inegi) in its latest data release.
Monthly Growth Breakdown
- Primary sector: 1.4% growth
- Service sector: 1.2% growth
- Secondary sector: 0.7% growth
Annual Growth Breakdown
When analyzing annual growth rates, the primary sector led with an 11.8% increase, followed by a 2.5% rise in tertiary activities and a 0.7% decline in secondary activities.
Key Sector Performances
- Secondary sector:
- Electricity generation, transmission, distribution, and commercialization grew by 1.7%
- Construction activities increased by 1.5%
- Manufacturing industries experienced a 1.4% decrease compared to 2024
- Tertiary sector:
- Professional, scientific, and technical services grew by 7.5%
- Cultural and sports services increased by 5.7%
- Support services for businesses and waste management rose by 9.3%
- Temporary accommodation and food/beverage preparation services declined by 2.5% and -1.9%, respectively
Key Questions and Answers
- What is the IGAE?
The Indicador Global de la Actividad Económica (IGAE) is a comprehensive measure of economic activity in Mexico, developed by the Instituto Nacional de Estadística y Geografía (Inegi). - Why is the primary sector’s performance crucial?
The primary sector, which includes agriculture, forestry, fishing, and mining, plays a significant role in Mexico’s economy. Its growth contributes to overall economic expansion and provides essential goods and resources. - How do secondary and tertiary sectors compare in growth?
The secondary sector, which includes manufacturing and construction, grew by 0.7% annually, while the tertiary sector, comprising services, expanded by 2.5%. The primary sector outpaced both with an annual growth rate of 11.8%. - What are some notable performances within the secondary and tertiary sectors?
Within the secondary sector, electricity generation, transmission, distribution, and commercialization grew by 1.7%, while construction activities increased by 1.5%. In the tertiary sector, professional, scientific, and technical services grew by 7.5%, cultural and sports services increased by 5.7%, and support services for businesses and waste management rose by 9.3%. However, temporary accommodation and food/beverage preparation services experienced declines of 2.5% and -1.9%, respectively.
