Economic activity grows 1.8% in January and links three months to the rise

This index is used to make estimates of the growth of Mexico’s Gross Domestic Product, and the last time it fell was in October 2021, when it decreased 0.1%.

After that point, the IGAE grew at a monthly rate of 0.6% in November, 0.9% in December and 0.4% in January, according to seasonally adjusted figures from Inegi.

By components, the monthly variation of the IGAE, in January 2022, was as follows: secondary activities increased 1%, tertiary activities increased 0.2% and primary activities decreased 2.3%.

This Tuesday, the Inegi published the Timely Indicator of Economic Activity, which forecasts in advance a growth of the Mexican economy of 2.8%, for February, with a monthly rise of 0.3%. If the data is confirmed, Mexico would already have four consecutive months of growth.