What Does Mexico’s Manufacturing PMI Indicate?

Mexico’s manufacturing PMI in December 2017

According to a report provided by Markit Economics, Mexico’s (EWW) manufacturing activity showed a slightly weaker improvement in December as compared to November 2017. Its manufacturing PMI (purchasing managers’ index) was at 51.7 in December as compared to 52.4 in November 2017, according to IHS Markit. The PMI figure beat the market expectation of 51.5.

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