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Mexico Q3 GDP Grows 0.9%, Beating Forecasts as Banxico Decision Nears

Mexico’s preliminary third-quarter GDP grew 0.9% quarter on quarter, above the 0.7% Reuters-polled forecast but below the second quarter’s 1.4% increase. Output was up 3.2% from a year earlier, above the 2.5% consensus. Services rose 1.1%, industry 0.8%, while primary activities contracted 0.4%. The figures were released on 30 October 2026.

Mexico's economy expanded by 0.9% in the third quarter of 2026, beating MarketA place—physical or digital—where buyers and sellers meet and agree on a price. Lix’s simple rule: no buyers and sellers, no market.Read More expectations of 0.7%, although growth slowed from 1.4% in the previous quarter. Annual GDP increased by 3.2%, exceeding forecasts of 2.5%. Services led the expansion with 1.1% growth, followed by a 0.8% rise in industrial output, while primary activities declined 0.4%. The stronger-than-expected figures suggest continued economic resilience and could influence expectations for Bank of Mexico Monetary PolicyMonetary Policy refers to the set of central-bank actions used to influence money, credit, interest rates, and financial conditions. The term belongs in Level 7 because it helps...Read More and the Mexican peso.

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