FX.co ★ Mexico Manufacturing Confidence Falls in May

Mexico’s manufacturing business confidence index declined by 0.4 points to 47.5 in May 2026, remaining below the neutral 50-point threshold for the 15th consecutive month. The sharpest setback was in investment appetite, which dropped 1.8 points to 32.4. Expectations for the national economy eased by 0.3 points to 51.4, while assessments of firms’ current situation edged down 0.1 points to 50.8. Perceptions of current national economic conditions were unchanged at 47.6. Despite this, companies stayed optimistic about the medium-term outlook, with the indicator for firms’ future economic situation at 55.8 points.