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Trends in Manufacturing Purchasing Managers' Index (PMI) in Mexico

Country:
MXPMexico
Importance:
Data Trends
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ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
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About Trends in Manufacturing Purchasing Managers' Index (PMI) in Mexico

The Purchasing Managers' Index (PMI) for manufacturing is an indicator that assesses economic activity in Mexico's manufacturing sector. This data is published monthly by IHS Markit and is calculated based on factors such as new orders, production, employment, and inventory levels within manufacturing.

PMI is calculated with 50 as the threshold; a value above 50 indicates expanding economic activity, while a value below 50 indicates contraction. A higher index suggests a thriving manufacturing sector with increased investment willingness among companies. Conversely, a lower index suggests potential stagnation in manufacturing, with decreased investment willingness among companies.

This data serves as crucial reference material for policymakers to assess manufacturing trends and formulate appropriate economic policies. It is also an important information source for businesses and investors to analyze manufacturing trends and economic outlooks.

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