Mexico’s economic activity rose 2.3% in April, fueled by gains in construction, agriculture and services. The data suggests the economy continues to expand despite broader concerns about slowing growth.
Mexico City — Mexico’s economic activity grew 2.3% year over year in April 2026, supported by gains across the primary, secondary and tertiary sectors, according to data released Tuesday by the National Institute of Statistics and Geography (INEGI).
The Global Indicator of Economic Activity (IGAE), a key measure of short-term economic performance, showed annual growth driven by a 4.4% increase in primary activities, a 2.3% rise in secondary activities and a 2.2% gain in the services sector.
Within the primary sector, agriculture expanded 4.2%, while livestock production and animal husbandry increased 4.8%.
In the secondary sector, construction posted the strongest performance with a 10.4% jump, while mining grew 3.4%. Manufacturing activity remained flat, and electricity generation, transmission and distribution declined 0.4%.
Services also showed broad-based growth. Wholesale trade rose 10.6%, while business support services, waste management and remediation services increased 3.8%. Health and social assistance services advanced 3.5%, professional, scientific and technical services grew 3.1%, and financial and insurance services gained 2.5%.
However, the accommodation and food services sector contracted 2.5%.
On a seasonally adjusted basis, which removes calendar and seasonal effects, the IGAE increased 2.2% in April compared with the previous month.
The latest data follows a 1.4% annual increase in March, when growth was supported by the services and primary sectors despite weakness in industrial activity.
The IGAE serves as a preliminary indicator of Mexico’s economic performance and provides an early snapshot of broader GDP trends.
Mexico’s economy expanded 0.6% in 2025, with growth of 1.8% recorded during the fourth quarter. Economists note that the country has avoided a technical recession despite trade pressures from the United States, although overall economic performance remained relatively weak throughout last year.
The 0.6% growth rate in 2025 compared with expansions of 1.5% in 2024, 3.2% in 2023, 3.9% in 2022 and 6.1% in 2021, according to updated INEGI figures.
