2026.04.0115:00:00UTC+00Mexico’s Manufacturing Contraction Eases as S&P Global PMI Climbs to 48.9 in March

Mexico’s manufacturing sector showed signs of stabilizing in March 2026, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) rising to 48.90 from 47.10 in February. While the index remains below the 50-point mark that separates expansion from contraction, the latest reading indicates that the pace of decline in factory activity has slowed.

The improvement in March suggests that underlying conditions in Mexico’s manufacturing industry may be gradually strengthening after a weaker start to the year. The month-on-month increase of 1.80 points points to a less severe downturn, which could support sentiment among producers and supply-chain partners heading into the second quarter.

The data, last updated on 01 April 2026, will be closely monitored by investors and policymakers as they assess whether the sector can continue to move toward the critical 50 threshold in the coming months, potentially signaling a return to growth if the upward trend persists.