Mexico’s economy grew 3.3% in July, the strongest monthly result of 2026
Andrés Abadía, chief Latin America economist at the British firm Pantheon Economics, said that the growth data for July "puts the third quarter in a much stronger position than expected." The post Mexico’s economy grew 3.3% in July, the strongest monthly result of 2026 appeared first on Mexico News Daily
Mexico's economy demonstrated robust growth in July, expanding by 3.3% annually, marking the strongest monthly performance of 2026 so far. The national statistics agency INEGI reported this data, highlighting that the services sector led the growth with a 4% increase, while the secondary sector expanded by 2.4%. Despite services being the primary driver, the primary sector saw a contraction of 0.6%.
On a month-over-month basis, the tertiary sector grew 1.2%, and the secondary sector increased by 0.5%, with the primary sector contracting by 1.1%. The Bank of Mexico reported an exchange rate of 18.06 USD:MXN, with the peso depreciating by 5.9% this month. Mexico's export revenue reached a record US $549.4 billion in the first eight months of 2026, reflecting a 29.3% annual increase.
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