Mexico Consumer Spending Flat, Manufacturing Jobs Sag
Mexico's consumer and industrial sectors are cooling, with spending stagnant and manufacturing jobs extending a 40-month decline. The post Mexico Consumer Spending Flat, Manufacturing Jobs Sag appeared first on The Rio Times .
Mexico's household spending remained stagnant in July 2026, with no month-on-month growth according to INEGI's Indicador Oportuno del Consumo Privado. Year-on-year, consumption increased by 2.2 percent, slightly down from 2.5 percent in June. Meanwhile, manufacturing employment continued its 40-month decline, with a 1.55 percent year-on-year drop in June 2026.
The Bank of Mexico maintained its benchmark interest rate at 6.50 percent in August 2026, citing persistent core inflation and global uncertainty. The avocado season in Michoacán concluded with 1,462,973 tonnes of production, with 1,251,363 tonnes exported to the United States and 211,610 tonnes to other markets.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
