Mexico's Economy Grows 0.7% in 2Q25 Led by Services, Industry

Mexico’s GDP rose by 0.7% in real terms during 2Q25, compared to the previous quarter, according to preliminary data released by INEGI. On an annual basis, seasonally adjusted figures show a 1.2% increase in GDP.

From April to June, the services sector, which includes commerce, transportation, tourism, and other tertiary activities, expanded by 0.7%. Industrial activities such as manufacturing, construction, and other secondary sectors, grew by 0.8%, while primary activities including agriculture, livestock, and fishing fell by 1.3% quarter-over-quarter.

However, year-on-year data revealed a 4.5% increase in primary activities, with the services sector rising by 1.7%. Meanwhile, the industrial sector showed a slight annual contraction of 0.2%. With this performance, Mexico has now posted two consecutive quarters of economic growth, rebounding from the 0.7% decline recorded in 4Q24.