Mexico's economy showed weak performance during the month of February, confirming a period of stagnation following difficulties recorded at the start of the year. The Global Economic Activity Indicator (IGAE) recorded a monthly growth of just 0.1%, according to a report from expansion.mx.
This figure represents a marked deceleration compared to previous performance. In January, economic activity suffered a 0.9% contraction, placing the country in a state of stagnation following the initial setback of 2026.
When comparing performance to the same period last year, the annual rate fell by 0.3%. This result is significantly lower than the 0.7% growth that analysts had estimated for this period.
Performance below expectations
Current data also contradicts previous projections for short-term indicators. The Timely Indicator of Economic Activity (IOAE) had anticipated a 0.5% advance for the month of February.
The discrepancy between the IOAE and the final IGAE confirms a loss of momentum at the start of the year. The expansion.mx report highlights that the performance was surprisingly negative compared to market expectations.
The current situation reflects an economic weakness that has failed to regain the growth momentum expected by financial specialists.
