Mexican economy advances 0.2% in the 1T and Libra Technical recession • Economics and Finance • Forbes Mexico

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The Mexican economy advanced in the first 0.2% quarter regarding the previous period, according to unionized figures from the INEGI published on Wednesday.

With the timely fact of the first quarter of the year, Mexico looked a technical recession since in the last quarter of 2025 there was a contraction of 0.6%.

Within GDP, only the primary sector or that of agricultural activities grew by bouncing 8.1% after the 8.5% drop in the previous period.

The secondary sector or that of industrial activities contracted 0.3% and spun two quarters with falls.

Meanwhile, the tertiary sector or that of commercial and services activities stagnated by having a zero growth, after the progress of 0.2% in the closing of 2024.

Lee: Analysts expect that Mexico free technical recession in the first quarter

Analysts have not been warning that the Mexican economy could have contracted again earlier this year, which would imply a technical recession (two consecutive quarters with contractions).

Regarding the first quarter of last year, the Mexican economy grew 0.6% and added 16 consecutive quarters with advances, however, it is the weakest expansion for a first quarter to annual rate since 2021, when there was a drop of 1.6%.

Within GDP, the primary activities grew 6% per year, the secondary ones fell 1.4% and two periods with contractions, and the tertiary advanced 1.3% and accumulated 16 quarters with growth.

The reviewed figures of the first quarter will be published by INEGI on May 22.

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