Mexico GDP shrinks 0.6 percent in first quarter of 2026
Mexico's economy contracted by 0.6% in the first quarter of 2026 as primary and secondary sectors saw broad-based declines. Despite the quarterly pullback, the result beat analyst forecasts and showed a slight annual expansion of 0.2% amid cautious central bank policy.
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Mexico's economy shrank 0.6% in the first quarter of 2026, following a revised 0.7% expansion in the previous quarter. The contraction beat analyst expectations of a 0.8% decline, according to data released by the national statistics agency INEGI on Friday. The broad-based slowdown across major sectors suggests fading domestic momentum rather than an isolated shock.
